HOME | POLITICS | SPORTS | LIFE | SCI/TECH | OPEDS | HELPFUL TIPS

Useless-Knowledge.com
Articles


Free Market Capitalism In Its Death March

By Randall Roberson
September 23, 2008

If the American economy had “come on” as President Bush predicted it would back in May, conservative Republicans would be singing his praises.  Ronald Reagan poster sales would be skyrocketing, and amateur free market capitalists from every rat hole on Wall Street would be proclaiming victory over a fictitious and ill-defined foe they call socialism.

Instead, the economy has faltered to the point where a 700 Billion dollar “bailout package” is being seriously contemplated by Congress.  Talk about welfare states.  Towering financial giants like Lehman Brothers, AIG, and Merrill Lynch have fallen or stumbled badly, as well as lending behemoth Freddie Mac and many others soon to follow.  All indicators point to a lengthy period of recession and fiscal woe, if not an outright depression.  Predictably, instead of admitting their models are flawed, or at the very least displaying some humility in terms of their understanding of an extremely complex economic beast,  evangelical Republicans are pointing their silly fingers at everything from Clinton to Cuomo.

Their responses are laughable, because they can’t possibly have it both ways.  Free market principles have been demonstrated to be severely flawed.  Market forces do not work, and never really have.  They are false prophets, and their selfish system is easily gamed.  Republicans have never been known for their intellects, and the utter nonsense that continues to dribble from their lips can be forgiven as one forgives retarded children for farting in public.

The reality is, the Bush administration has been – from the middle class perspective – a failure of unprecedented degree.  A shameful and expensive war in Iraq, a teetering economy, rampant unemployment, homes being lost in record numbers, the Katrina debacle, spiking gas prices, monstrous deficits, a plunging dollar, the lowest ratings in history  irreparable damage to the American dream directly attributable to an eight year Republican orgy in Congress, orchestrated and led by the diminutive, religious, and completely average scion of a Texas oil baron.  George Bush Jr. has single-handedly destroyed American trust in the Executive Branch of government, and now sits idly by as hard working citizens on both sides of the political spectrum become cynical and restless.

Something sinister is afoot, however.  The middle class lens provides a distorted view of the early 21st century, because energy corporations and weapons contractors have wallowed in fat profits never before seen on the planet.  Only tragically deluded partisans could fail to see the stark truth of current events;  events foreseen fifty years ago by genuine hero and former President Dwight D. Eisenhower.  The nation of America has become a rudderless instrument of intimidation and war, and the last eight years were a spectacular success for the military industrial complex, and its wealthy and murderous captains.

Fortunately, new grass grows in the bomb craters and soil disturbed by tank treads.


------------

About the author:  Randall Roberson is a new contributor of Useless-Knowledge.

Email: randrober@pacbell.net


Comment on this article here!

------------

All articles are EXCLUSIVE to Useless-Knowledge.com. Please link to this article rather than copying and pasting it onto your site (which would be unauthorized and illegal).

Google
 
Web useless-knowledge.com

Useless-Knowledge.com © Copyright 2002-2006. All rights reserved.