Next up: A Race War Instead of Banking Reform

The health care debate is over.  The money has spoken.  The people have spoken.  The population has been counted and counted and counted. The calculus has been done. The lawmakers know where their electorate stands.  They know that 77% of voters want a public option and nearly 50% want Medicare for all, and they know how many votes all those health insurance campaign contributions can buy them.  The door is closed to the people on this debate now.  It rests in the hands of the power brokers and the deal makers.  All we can do is hope.

The next thing we should do is a ground-up, constitutional amendment based overhaul of campaign finance strictly and severely limiting the role of corporate money of any sort in the political process.  But the next thing we are going to do is fail to reform banking and finance.

They’ve already called their play.  Here it is.

  1. Bankers have just been banking all along.  They haven’t done anything wrong.
  2. They were forced to make bad loans (they weren’t) by “the Clinton’s” (it was Bush I) to eliminate redlining (discriminating against African Americans and Hispanics).
  3. Obama paid off the banks to hide this fact and to keep them quiet and because he’s a “n word” (a word you’ll hear more before this Christmas than you’ve heard in the last 20 years)
  4. What we really need to do is get rid of welfare,  affirmative action, extra police presence in high crime neighborhoods, desegregation and especially busing
  5. The last thing we should do is ruin the American banking industry, that keeps Americans first in blah blah blah, instead of fixing the real problem which is, of course, all ‘dem (n word)
  6. Obama is effectively neutralized because A) he desperately doesn’t want to get into the race war B) the nuts can discount anything he says because he has a “conflict of interest”.

The networks are already geared up on both sides.  Is it a coincidence that the debate has just recently switched to racism?  I don’t like Joe Wilson anymore than anyone, but it’s a stretch to say that his outburst was race related.  Really, the seething against the Obama’s is not really any more pronounced, although it is better organized, than the seething was against the Clintons.  Is it a surprise that Rush Limbaugh blatantly called a school bus incident a symptom of “Obama’s (ie. a n-word) America”?

We’re heading into a full fledged race war, the flames of which will be fanned by the usual suspects on the right, executed on the ground by the same ad agencies and PR firms that have done so well at the health care war, and paid for by Goldman Sachs, Bank of America, Citibank, Credit Suisse, etc.

And we’re already behind.  We need to start our planning RIGHT NOW.

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2 Comments

Filed under economy, Politics

2 responses to “Next up: A Race War Instead of Banking Reform

  1. Dusty Dog

    If Obama doesn’t face the race issue head on, he and we are going to lose. He is pretending that he and his presidency are above the race fray, but they’re not. It’s time for him to address the issue, make as much of it as possible to be “teachable moments,” and continue to go about the business of governing in a strong and meaningful way.

    As for Joe Wilson, I’m not so sure he would have heckled Obama if Obama was white. But, he sure had no second thoughts when he did it, because he and the rest of the repuke wingnuts are allowing the racist fringe to condemn Obama and bring race to the table. I am thinking that if the wingnuts started taking a significant stand against that fringe of lying and race baiting, there sure would be better dialog, and certainly not have that loss of decorum that we saw from Wilson. So yes, I do believe race was an issue there.

    Great article, btw.

  2. I don’t think the reform being considered by Congress goes far enough because I don’t think they (and we) know the extent to which bankers will go to get their way. BTW, I recommend the following:
    http://euandus3.wordpress.com/2009/11/05/advantage-banks/

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