Archive for August 2010
Even the brightest of left-wing commentators can’t seem to see the forest for the trees even while they’re explaining what a forest is. Apparently our vaunted “reality-based community” just can’t get its head around the reality of the Dem sell-out to Wall Street.
Take Glenn Greenwald, a very smart guy who’s come closer than most to admitting the obvious. Here he has little difficulty figuring out the reasons for Republican pro-corporate policies.
There are few more bitter ironies than watching the Republican Party — controlled at its core by the very business interests responsible for the country’s vast and growing inequality; responsible for massive transfers of wealth to the richest; and which presided over and enabled the economic collapse — now become the beneficiaries of middle-class and lower-middle-class economic insecurity.
Yet when it comes to the Dems, he just can’t bring himself to admit what it is so easy to see in the Pubs.
That crisis presented a huge opportunity for Obama and the Democrats to bring about real change in Washington — the central promise of his campaign — by capitalizing on (and becoming the voice of) populist anger and using it to wrestle away control from Wall Street and other financial and corporate elites who control Washington. Had they done so, they would have been champions of populist rage rather than its prime targets. But, as John Judis argues in his excellent New Republic piece, they completely squandered that opportunity. Rather than emphatically stand up to the bankers and other oligarchical thieves, they coddled and served them, and thus became the face of the elite interests oppressing ordinary Americans rather than their foes. How can an administration represented by Tim Geithner and Larry Summers — and which specializes in an endless stream of secret deals with corporate lobbyists and sustains itself with Wall Street funding — possibly maintain any pretense of populist support or changing how Washington works? It can’t.
My dear Glenn, it isn’t supposed to. OK, it “maintained a pretense” for a number of years and still does play the kabuki you see through like glass when Republicans do it, a sort of pretense-dance that doesn’t fool anyone. So why can’t you see through it when the Dems do it and understand that the reason is identical: the New Democrat is owned and controlled by the exact same interests who own and control the GOP. Otherwise, nothing Obama and the New Dems have done makes any sense whatever, as you said yourself.
But the Democratic Party’s failure/refusal/inability to be anything other than the Party of Tim Geithner — continuing America’s endless, draining Wars while plotting to cut Social Security, one of the few remaining guarantors of a humane standard of living — renders them unable to offer answers to angry, anxious, resentful Americans.
“Failure/refusal/inability”? Just can’t bring yourself to say it out loud, eh? That’s too bad because your and other progressives’ failure/refusal/inability to face the Awful Truth about the New Right-wing Dems is simply going to prolong the agony.
Oh, dear. Well, we knew it was going to take a while for people to start recognizing that the transfer of wealth to the top by the political class was neither an accident nor mere incompetence but a deliberate sell-out masquerading as one, the other, or both. A couple of examples provided by Mark at Norwegianity should suffice to make the point.