Showing posts with label new years 2019. Show all posts
Showing posts with label new years 2019. Show all posts

Tuesday, January 1, 2019

A More Diverse Oligarchy

The corporations that effectively own the place don't need to be taxed or prosecuted in order to alleviate wealth inequality and stop corruption. 

They simply need to install a few more women and black and brown people at the top, and all will be status quo glorious for the oligarchy and continuously bad for the majority of people. Look at how well (until Russophobia, Inc. anyway) that's worked out for Facebook and its chief operating officer, billionaire Sheryl "Lean In" Sandberg. Having a woman in charge of the massive theft of personal data from users while she sells corporate feminism to minimum wage workers is just what the ruling class needs to pretend that we still have a democracy.

With that bullshit in mind, Maxine Waters, the incoming Democratic chairwoman of the House Financial Services Committee, vows to hold corporations' feet to the fire and force them to disclose how many women and black and brown people they have placed in their top executive positions. This will absolve the Democrats of not doing anything so drastic as investigating corporate malfeasance and rectifying our worsening wealth inequality. It will make the public forget that they have no intention of reversing Trump's massive tax give-away to the rich.

The viewing public, they figure, will be further placated when said corporations play their own parts of pretending to be seriously rattled by this bold new plan. According to Politico,
Some firms are panicking at the prospect of new public scrutiny, according to lobbyists, who say that while companies won’t openly fight Democrats' moves to promote diversity, many are uneasy about the prospect of government getting directly involved in their hiring decisions.
The Democrats' pretense of meddling in private corporate affairs for the greater public good will then have the contrived salutory effect of Republicans accusing them of overreach and socialism. Regular people will take sides over which oligarchic cartel they'll be rooting for. Conservatives will accuse snowflake liberals of wanting too many safe spaces, and liberals will accuse conservatives of racism and misogyny. And it is so unfair, because all that the Democrats want is to make CEOs making about 300 times the salary of their average workers feel just a little bit "uncomfortable" before they lap up all that good press about their brave noble decisions to do the right diversionary diverse thing.

 The only real winners will be the neoliberal corporatists, both within and without Congress. They'll be able to continue lecturing poor and dark-hued people that all they need to succeed, like their latest brown female corporate vice president, is to transform themselves into bootstrapping entrepreneurial strivers. Of course, the cynical narrative of trickle-down racial and gender equality is nothing but a big P.R. campaign. It's similar to the manufactured brouhaha over the "Oscars So White" scandal that hit Hollywood before the Harvey Weinstein scandal upstaged it. More black and brown Academy Award winners do not protect impoverished people in Ferguson, Missouri and Flint, Michigan from police brutality and poisoned water. A Latina esconced in the Wells Fargo boardroom does not erase private equity vultures like Blackstone  buying up thousands of foreclosed homes and then renting them back out to the same people who already were evicted from them once for failure to keep up with their predatory subprime loan payments.  

The have-nots and oppressed will just have to remain hopeful and grateful that at least their "stories" are being told on corporate media, and on Netflix and Amazon. They will be recognized, if not directly helped. 

So, as Donald Trump just tweeted out regarding the government shutdown, everybody just lighten up already. The human poop piling up in our national parks because of overflowing toilets is nothing compared to the avalanche of oligarchic crap threatening to bury us alive in this shiny new year.

They don't even try to hide the sleazy collusion from the viewing public any more.
Corporations and industry groups have already sought to make inroads with lawmakers who will highlight the issue on Capitol Hill, according to lawmakers and lobbyists. Some, including Amazon and the Bank Policy Institute, have even recently hired staff from the Congressional Black Caucus to build relationships as Democrats take over.
Um... isn't it illegal, or at least an amoral conflict of interest, for Congressional staffers who are paid by the public to simultaneously work for Amazon and Wall Street? 

I'll give Trump this: he has made it safe for the Duopoly to be openly corrupt. People are so jaded by him that they aren't even bothered by his slightly more refined imitators. No wonder he is so upset, holed up in the White House and demanding billions of dollars for his precious wall. He isn't getting the credit for normalizing political crime that he so richly deserves.

Just look at the Democratic congress critters angling for leadership on the various proposed subcommittees designed to afflict Wall Street and Silicon Valley.

Carolyn Maloney of New York says she wants to clamp down on markets and demand answers  from the Securities & Exchange Commission, notwithstanding her receipt of more than a quarter-million bucks in campaign cash in 2017 from some of the same industries and banks she proposes to politely needle, if not actually regulate. Her latest listed top contributors are mega-landlord Blackrock and Goldman Sachs.

Gregory Meeks, also of New York, also wants to chair a subcommittee designed to demand gender and racial diversity within the ranks of the malefactors of great wealth. That way, he can continue collecting the big bucks from Goldman Sachs and other major players from the FIRE (finance, insurance, real estate) sector of the ruling class so as to avoid confronting them over the rent scams and mortgage and foreclosure frauds aimed largely at women and minorities.
Meeks said he has started talking to companies, and financial trade associations have begun reaching out to him.
With their checkbooks, I would hope.
"Some companies acknowledge that it's good for business," Meeks said. "I'm not asking them to do anything that's bad for business. This will help them attract more folks to their institutions."
I assume that this includes Meeks's staff and last but least, Meeks himself. They are just plain folks, after all, whose bottom line must hold at all costs to everyone but themselves. Never forget Noam Chomsky's advice that, whenever you hear a politician utter the word "folks," you should run for your life. Meeks sounds almost as grotesque with that quote as the corporate Democrats' new darling, George W. Bush, who once talked about the "terrorist folks" to whom he both sold weapons and killed back when liberals pretended to despise him so much.

What, after all, are the too big to fail/jail banks but financial terrorist folks?

So here's to a happy 2019 to everybody except the corporate Democrats and the insane Republicans who must pretend to loathe them. Heads they win, tails we all lose.

Unless, of course, America foregoes the gruesome, ad-glutted crystal ball drop in Times Square and starts celebrating our winter holidays the healthy French way: