Debt Ceiling Roulette

Stephen Lendman

In this game, the house always wins. Bipartisan complicity stacked the deck against millions of working households, needing to know that political Washington is scamming them.

The end result is the banana republicanization of America. American writer O. Henry (William Sydney Porter: 1862 - 1910) coined the term (his fictional Republic of Anchuria) in his book, "Cabbages and Kings."

It refers to a country (often politically unstable and/or repressive) where a small percent of the population has a disproportionate share or wealth and power, where ordinary people are exploited, often persecuted, and where profits are privatized while working households bear the burden of debt.

It's also a kleptocracy run by criminals, complicit with corporate thieves who bribe them to get their way. It's corrupt, rotten to the core gangsterism, run for personal gain, both sides profiting at the public's expense.

It's in plain sight in Washington, the heart of darkness, where bipartisan crooks are destroying personal freedoms, democratic values, and general welfare to grab everything for themselves and their corporate partners.

Previous articles discussed it, accessed through the following links here, here and here.

Read them and weep, or better still, react by refusing any longer to put up with bipartisan corruption, stealing us blind for the Big Monied interests that own them. Obama was made president to play ball, a Democrat engineering what no Republican would dare, at the same time duplicitously claiming populist credentials.


Is America Caught In The Closed-Mind Trap?

Paul Craig Roberts

A reader responded to my recent column about how the US president was becoming a Caesar with a question: "Wouldn't a Caesar be preferable to a democracy in which the people are too ignorant, disinterested, and stupid to engage in self-government?"

Before I became a widely read columnist with many reader responses, I would have disagreed with the reader's characterization of the American people. Today, I cannot answer the reader's question with a "no" as confidently as I would like.

I receive appreciative words from many readers who are well aware of what is going on. I also hear from many who are so partisan and have such strong emotional responses that they are unable to follow an argument. I don't know what percentage these groups comprise in the population, but there seem to be a number of Americans, both on the left and the right, who are prepared to censor, and even to kill, in order to defend their illusions and delusions.

I remain a suspect boogeyman for some on the left, because of my association with the Kemp-Roth bill and Reaganomics. As I, and others, have explained so many times, Supply-Side economics reversed the monetary/fiscal policy mix in order to cure stagflation. But some leftists persist in their insistence that it was all a trick to cut taxes for the rich—the rich being those with more money than they. A stressed-out $100,000 a year guy with a family in a high-cost city is thrown into the rich class with the hedge fund manager who paid himself one billion dollars.

To give the leftists their due, at least they know that I was a member of the Reagan administration. However, the right-wing zealots think that I am a commie-pinko-liberal.


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