Ironies and paradoxes and incest abound in today's New York Times. The government is close to calling some of those bad Libor miscreants to account at the very same time one of the chief Libor enablers (Timmy Geithner) is negotiating with Congress on our supposed budgetary behalf. A former Goldman Sachs trader is close to being indicted at the same his unindicted boss is negotiating with Timmy Geithner on his own budgetary behalf: how deeply to cut the social safety net and further enrich himself and his fellow plutocrats.
Meanwhile, a very disturbing story about how both political parties are shafting the poor has been buried, inexplicably, in the Style section of The Times, under a subsection cutely called "Motherlode -- Adventures in Parenting!" The editors of the Gray Lady must think that people getting kicked off their heat, rent and disability assistance is a thrilled-packed Odyssey. Poor people are now equitably sharing space with society brides! It must be the new shabby-chic! See, things can't be as bad as all that.
The latest slant in the interminable Fiscal Cliff Disaster Theater coverage is not what Barack Obama will inevitably cede to the deficit scolds of the ruling class, but how he has miraculously discovered his own rock-hard, macho mojo. The pseudo-liberal class is thrilled that at long last, Barry hasn't caved before he's even started. He has left John Boehner in a state of sputtering impotence. The Democrats have political capital to spend, and they're on a spree. Root root root for the hometeam. Call Congress and tell them you want #My2K. (However, if you aren't solidly middle class or higher, with an internet connection, forget about it. The Democrats do not want to hear about your day care subsidies being slashed. Refer again to that buried Times story.)
Paul Krugman has pivoted back to reveling in Republican stupidity after a couple of great columns attacking bipartisan austerity. The commenting choir is harmoniously celebrating right along with him, paying little to no heed to the bitter pill Obama has already promised his loyal base. It's Give Em Hell Barry time in the land of kool-aid.
This time is different, insist even some erstwhile Obama critics from the left. Adam Green of Progressive Change, for example, gushes:“Eventually the Republicans have to name names on the cuts they want to make. They’ll likely propose entitlement benefit cuts, and then the president will hopefully be able to come back with budget cuts that don’t take a single penny from benefits.”
So stay tuned for the next episode, in which shocked
Democrats arrive back in deja vu territory. The president has already vowed to
cut "entitlement spending", that annoying austerian term for the
taxpayer-funded insurance programs of Social Security and Medicare. He embraced
Bowles-Simpson in his acceptance speech as stunned Democratic partisans
dutifully cheered anyway. Never mind that the B-S Plan was shot down a long
time ago. Its two zombie perpetrators have been reanimated as senile rock stars
(The Debt Duo) who are making $40,000 a pop speechifying on how much fun it is
to hate on poor people. They're getting puff-pieced to death by the corporate
media, while society's victims are being spread-sheeted to death.
As the Roosevelt Institute's Bryce Covert writes in his
ignored Times post, low-income Americans are the ones who will
disproportionately suffer, grand bargain or no grand bargain. Watch for the
national poverty rates to shoot up again next year as both parties blithely
snip away at the safety net and we all grovel at Obama's feet for saving the lucky-ducky average
middle class family two grand.
Forget about a war on poverty, though. It's a war on poor people,
and it's bipartisan. But whatever -- as long as Barack got backbone.
Cruelty (Hogarth) |
Thanks for the comment in Krugman's column and the link to the article in the Style section, a part of the NYT I usually ignore.
ReplyDeleteGod bless America!
ReplyDeleteIn this hopelessly rich country, where the truly vulnerable, poor women and children, are viewed as “takers.”
The drought continues here in the Midwest and its consequences, rising food prices, will be severe. Food poverty affects the poorest. Poor people don't eat the well-balanced, nutritious meals that rich people are outraged that they aren't eating - the poor need to be taught how to eat better than they do. Orwell wrote of this "peculiar evil" of poverty when it comes to diet.
“Bleak, dark, and piercing cold, it was a night for the well-housed and fed to draw round the bright fire, and thank God they were at home; and for the homeless starving wretch to lay him down and die. Many hunger-worn outcasts close their eyes in our bare streets at such times, who, let their crimes have been what they may, can hardly open them in a more bitter world.” - Charles Dickens, Oliver Twist
Another little gem buried* in yesterday's NYT: news about America's highest-paid Federal employee, pulling down over $1 million/year. You'll never guess: it's the football coach of the US Naval Academy. (He's gotta be the Ace of the Anchor Clankers!) You can probably surmise that our # 2 & 3 Fed salaries go to gridiron coaches over @ West Point and the Air Farce Academy.
ReplyDeleteArmy vs. Navy this year? The Coaches' Big Bucks Bowl.
*in the sports section
What better soundtrack than Tracy Chapman’s “Mountains o’ Things?”
ReplyDeletehttp://www.youtube.com/watch?v=G1d8-4cwZgM
“To have a big expensive car
Drag my furs on the ground
And have a maid that I can tell
To bring me anything
Everyone will look at me with envy and with greed
I'll revel in their attention
And mountains
Oh mountains o' things”
“Sweet lazy life
Champagne and caviar
I hope you'll come and find me
Cause you know who we are
Those who deserve the best in life
And know what the money's worth
And those whose sole misfortune
Was having mountains o' nothing at birth”
http://www.sing365.com/music/lyric.nsf/Mountains-O'things-lyrics-Tracy-Chapman/64E1F0A5BDAEF7CD482568A9002DDFA4
When the president said to Romney "I suspect that on Social Security, we've got a somewhat similar position," was he not clear? What part of that do people not get? Why do people persist in living in this fantasy world in which we just gotta show Barry we "got his back"?
ReplyDeleteAaargh!
We're in that damn tunnel again. Screw the light at the end. Our only hope are people like Elizabeth Warren and that's a dim one; looks like she'll make it onto the Banking Committee. I'd love to see Sheila Bair as head of SEC. I wonder how the Republicans would handle that.
ReplyDelete