How do a tiny minority of people force a worldview on one of the largest and most powerful nations in the world over the objections of the majority? The same way they always have.
Chris Floyd:
...You've seen the news. You know the score. The House of Representatives has now completed the economic terrorist attack inflicted on the American people by the nation's elite.
The bailout bill -- or as Arthur Silber more rightly terms it, the "Extortion Bill" -- is already law, thanks to the Democrats in Congress, and to Barack Obama, who spent the day working the phones and twisting arms to make sure the $700 billion bonanza for the filthy rich passed without any more of the hiccups that held it up earlier this week.
The plan that Obama made his own -- despite its origins in the poison kitchen of the Bush White House -- is far worse than the version voted down on Monday. Every reputable economic expert says that the plan is unworkable; it will not solve the problems at the root of the current economic crisis, but will only make them worse. It entrenches many of the fraudulent practices that led to the meltdown in the first place, and rewards the perpetrators for their misdeeds with a gargantuan amount of public money, which they can now use to carry on largely as before, albeit with a few new toothless "oversight" mechanisms operated by their own Wall Street cronies, and their bribed-and-bought hirelings on Capitol Hill.
There were many viable, reasonable, eminently centrist alternatives to the radical, plutocratic Bush-Obama scam -- alternatives which would have been politically palatable to a broad spectrum of the electorate. One of the best ones of this ilk that I've seen was outlined in the eminently mainstream Washington Post earlier this week by two eminently respectable Yale economists. (You can find it here.) There were many other such practical and effective plans offered by reputable experts, any one of which could have gone a long way toward protecting ordinary citizens now exposed by the meltdown, supporting the banks, and stabilizing the markets -- all without effecting one of the largest single redistributions of wealth since the Bolsheviks seized power in Russia in 1917.
None of these plans were considered or debated or even mentioned, not even for a single moment, by the Democratic leadership in the House and Senate. Instead, they joined the Republican leadership and the Bush Administration in repeating, over and over, the Big Lie that there was NO OTHER CHOICE but some basic version of the unworkable Bush plan. The Democrats -- led by Barack Obama -- not only threw a political lifeline to the most despised president in American history (in the middle of an election year!), they deliberately took ownership of a measure widely rejected by the American public -- a class war weapon of mass destruction whose malign effects will reverberate through American society for years, perhaps generations to come.
Why have they done this? Why would they do such a thing? Why would they commit such an egregious offense against their own people, when they could have very easily NOT done it, and had the near-unanimous support of the American electorate in standing up to the Bush plan and choosing some other completely mainstream alternative?
You already know the answer. It's because they do not serve the American people. They serve a very small yet brutally powerful ruling class. And this elite wanted the Bush-Obama extortion plan, and no other, to make sure their power and privilege were not unduly threatened by the debacle that their own monstrous greed and fraud have made...
Read the whole link. Chris sees this clearly.
And now that the Companies have unlimited access to the Treasury, the transformation from Republic to Empire will be complete. Obama has just written off the 2008 $election- but his bubble of the multiverse will remain secure. Until they have no further need for him, anyway.
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