Saturday, January 31, 2009

Bully Pulpit

At 3:00 in, the President gives it to the Wall Street bonus gang:



Sen. Claire McCaskill (D-MO) goes all the way to offering a bill capping their salaries. If that doesn't scare the high capitalist class, I'm not sure what will. Yes, regulating prices, wages and productivity is what the GOP would call Socialism. But at an average of $2,600,000 in executive pay for the execs at banks bailed out by taxpayers -- $18 billion worth -- they deserve nothing less. In fact, I'd like to see if any of it is actionable. Like, prison actionable.

As for the Republicans trying to win by standing in the way of Obama's stimulus package or maybe twisting it into another tax giveaway to the wealthy, Frank Rich has the goods:

If anything, the Republican Congressional leadership seems to be emulating John McCain’s September stunt of “suspending” his campaign to “fix” the Wall Street meltdown. For all his bluster, McCain in the end had no fixes to offer and sat like a pet rock at the White House meeting on the crisis before capitulating to the bailout. His imitators likewise posture in public about their determination to take action, then do nothing while more and more Americans cry for help.

The problem is not that House Republicans gave the stimulus bill zero votes last week. That’s transitory political symbolism, and it had no effect on the outcome. Some of the naysayers will vote for the revised final bill anyway (and claim, Kerry-style, that they were against it before they were for it). The more disturbing problem is that the party has zero leaders and zero ideas. It is as AWOL in this disaster as the Bush administration was during Katrina.


While the GOP likes to complain about "class warfare" the fact is that they have brought it on and it is plain for every American to see. The plutocratic class in this country has derivative-ized the financial assets of the masses to the point that the Middle Class are losing their homes, their jobs, their life savings all in one fell swoop -- while those at the top reward themselves with taxpayer money, i.e. more dollar from the very classes they have shat upon. They're lucky there aren't guillotines on Wall Street, but then again this ain't over yet.

The face of the 2009 Republican Party isn't Michael Steele, it's Rush Limbaugh. If an elected Republican criticizes him he is forced to turn around and grovel for forgiveness. Rush is the voice of the GOP in openly articulating the desire for Obama to fail -- and, hence, for this economic meltdown to metastasize all the way into a second, even more devastating Great Depression. But they'll still have their radio contract money, their bonuses, their Oxycontin.

But the ads using Rush are coming now, being used against the GOP by progressive interest groups:

That face, I've seen it somewhere before...on HBO Sunday nights for almost a decade.

And maybe, like Tony himself, he won't see what's coming.

1 comment:

Master Fu said...

I disagree completely, Rush does cater to some, and he happens to be one of the voices for the party (akin to Olbermann. We'll see the Republicans not pushing social conservatism (to a degree / lower the priority), and move the party into the 21st Century, a closer ideology shift to the Libertarians.

I think it benefits the Left to label Rush as the face of the Republican party, most people have a distaste for Rush due to some of his outlandish things he says. So in order for us to survive Michael Steele, needs to be recognized as the face of the party.