Tuesday, October 14, 2008

This just in: Greed is not good

Leaving aside for the moment any threats of world war, the only good news I see in our current economic crisis that at least we're eighty years down the road from when Franklin Roosevelt broke the psychological barrier previously preventing brainwashed Americans from owning a government that actually helped them, as opposed to allowing themselves to be owned by a government of oligarchs who were helping themselves.  This time, if people are hungry because there's no money, and cold because heating oil costs so much, and weathered because they've been tossed out of their homes, and frightened because they've got no job and no healthcare coverage - if we arrive at that state, watch what's left of the psychological barriers crumble like George Bush's job approval ratings or John McCain's lofty principles about running a high-minded campaign.  Watch desperate Americans embrace socialism as if they were the lost children of Chairman Mao waking up from a long nightmare of capitalist errancy. 

What we're witnessing now is the complete and utter repudiation of Reaganism-Bushism, of course, but it runs even deeper than that.  Not just the hyper-kleptocratic version of the American economic system is being left in shreds, but even its more moderate baseline version - the Eisenhower model of nice, gray-suited capitalism - is now also on the chopping block.  Even that form of capitalism - quaintly tame by today's standards of astonishing rapaciousness - was never sustainable, and part of what we've been seeing this last decade is all the ruses by which we had greedily squeezed out more than our fair share of the pie now angrily biting back.  The wars, the environmental rape, the exploitation of nice little brown people all around the world (and, after all, isn't that why Jesus made them?), the borrowing against our children's future, the tax avoidance free-riding, the credit card economy, the exporting of jobs to explode profits, the gluttony of 300 pound Americans and their SUVs and the giant screens on which they watch 'reality TV' (a nice euphemism for humiliating degradation) - these are all screaming out to us simultaneously today, in an excruciating cacophonous harmony from Hell, that THIS MUST END NOW. 

And, boy, did we ever have it coming.  I just want to go on record and say to any historians from the 26th century who might be reading this:  "Yes, it does say 'American' on my birth certificate, but I want you to know I wasn't  part of this!  I did my best and kept shouting out about our national stupidities.  And I always voted for the Green Party!" 

Yeah, it's true, I'm afraid.  We're going down in history as the stupidist and the shortest-lived of empires (even the Belgians did better than this, plus, they make great beer).  And well we should be so considered, too.  Do they have Darwin Awards for countries, like they do for individuals, who find uniquely imbecilic (though highly entertaining) ways to remove their DNA from the collective gene pool (you know, like getting really stoned and then playing your electric guitar in the swimming pool)?  They should!  And who could possibly trump America, we who gluttonously slurp up oil in order to live like global pigs, sending the proceeds to fund terrorists with ideologies from the 13th century and weapons from the 21st to attack us?  We who chant "Drill, baby, drill!" when the giant planet-wrecking asteroid of global warming is headed right for us.  (Even the real dinosaurs come off looking better than our human imitations of them, since they at least had the excuse of actually having pea-sized brains to explain why they behaved as though they had pea-sized brains.)  We whose government's insatiable spending sprees on high priority items, like wars that diminish our national security and corporate welfare for oil companies or giant agri-corporations, we fund by allowing China, our rising rival for global power, to own our debt, and therefore to own us. 

And what's that old line about the first time being tragedy and the second folly?  The most astonishing thing about the economic nightmare we're now entering is how little we learned from having already gone through this before.  We're not even talking about ancient or foreign history here, people.  You don't have to force Americans to go watch some History Channel documentary on Charlemagne to figure this one out.  It wasn't that long ago that we went through exactly the same process, ourselves, right here in gool ol' 'Muricah.  Christ, there are people still alive today who experienced it first hand.  You'd think, having found out in the 1930s precisely what happens when you let monstrously greedy people who have their hands on the levers of the global economy go on unregulated bacchanals of decadent self-aggrandizement, that we'd want to avoid that sort of thing in the future, eh?  Perhaps we'd even vow "Never again", just like we did after the Holocaust.  (But then, given the mass murderous Soviet and Chinese purges which came after Auschwitz and Treblinka, along with the genocides of Cambodia, Rwanda and now Darfur (not to mention Vietnam or Iraq), maybe that wouldn't be such a great promise to make...) 

And even if the American people couldn't make the connection between present circumstances and past analogues, am I the only knucklehead who finds the whole deregulation mania something of an odd idea just at a conceptual level?  How is it that the same people who always jump up and down in passionate support of tough crime laws, loads of jails and busy state killing machines, don't seem to apply the same logic to nice, white-collar crimes?  I mean, if you need a law to deter people from committing murder, why don't you need regulations to prevent them from committing greed?  And, wouldn't it make a lot of sense to have these laws, especially in places where the capacity exists for such tremendous harm to be done?  A murder takes a life and wrecks a couple of families.  That's horrible, and should be prevented wherever possible, and punished where not.  But would it be too much to ask that we also have laws and punishments and regulations to help prevent white-collar crimes that can wreck an entire global economic system, bringing wholesale grief to hundreds of millions of people, and no doubt producing boatloads of deaths in their wake, all in the name of satiating the greed of already fantastically wealthy people?  Indeed, we have the first of these victims on the scoreboard already.  This week a Los Angeles man who lost all his money in the stock market shot his wife, three sons and his mother-in-law before then killing himself.  Get ready for more of the same, and most of them won't be suicides, I can tell you.  They'll be homicides.  Murder by greed. 

~ more... ~

 

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