Tuesday, March 12, 2013
Sequestration won't hurt anyone now in power
For those wondering what the "sequestration" will do to the economy and who it will hurt most, there is an easy answer. It won't hurt the very rich, the multinational corporations, Wall Street, or the big banks. It also won't touch the billions flowing to Israel, with more promised if our belligerent "ally" in the Middle East goes off and commits some new round of war crimes.
In short, the sequestration won't hurt anyone now in power, because those people are running our government as well as both political parties. The drama in Washington is simply show, so that those not in power will accept their diminished dreams in this land of plenty. Stocks are going through the roof; that's how much the very rich and powerful care about what is going to happen to the rest of us.
What began with modest goals during the Reagan years has become a full fledged massacre. Unions are being destroyed, public education privatized, the post office closed, and services to children and the disabled cut way back. Obama and the CEOs of industry will be hitting the elite golf courses soon to toast the triumph of capital over the 99% who actually work for a living.
But lurking beneath the surface is real anger, something we haven't see since the Great Depression. The elites can't rob us forever without creating resistance. You can see it in ordinary people standing up against the oil companies, the big banks, and our two dishonest political parties.
Posted by Fred at 9:22 PM