By Matt Frei
BBC News, Washington
April 22, 2009
I have just returned from a 10-day trip to Berlin, which turned out to be a timely reminder of how sane, uneventful and pleasant life in Europe can be despite the world’s woes.
The German economy has been hit hard by the economic crisis. Exports have plummeted. Growth has shrunk.
Youth unemployment, especially in the former East, is rising to alarming, Depression-era levels, and all this despite the fact that Germany had no housing bubble, no sub-prime excesses and a relatively healthy banking sector.
To my surprise, I found very few Germans blaming America. I did find the notoriously gloomy Teutons enjoying an early burst of summer sunshine and generally chilling out.
The worship of Barack Obama has simmered down to polite curiosity about how he is doing and reassurance that he is un-doing some of the Bush era policies from waterboarding to Guantanamo Bay.
Undiluted rage
And what happened here while I was gone?
It was revealed, amongst other things, that the CIA waterboarded a notorious al-Qaeda chief 183 times in one month.
He had already confessed to his role in 9/11 on al-Jazeera, but the Bush administration famously did not watch that channel.
Apart from the question of whether this kind of torture actually works – most experts on the subject seem to think it does not – and the dodgy legal justification, there is also the vexing question of timing.
How many waterboarding sessions can you fit in a day? At least six, on average, according to the publicised CIA memo.
While I was away, unhappy Republicans, who seemed to have found their voice of late, organised thousands of tax day tea parties to protest against Barack Obama’s economic policies.
A few protests carried messages not usually associated with tea drinking. Or with tax protests, for that matter.
One poster complained that “American taxpayers are the Jews for Obama’s ovens”.
Another called “Barack Hussein Obama” the “new face of Hitler”.
Add to that the news that gun sales have rocketed because gun owners fear – quite unrealistically – that Mr Obama may be restricting the Second Amendment to the Constitution, which protects the right to bear arms.
To sum up: a small number of Americans, who believe that Obama is the new Anti-Christ, are arming themselves to the teeth, fully expecting to have to defend their property from marauding gangs let loose by the recession and a grasping government.
Mercifully, this is a tiny minority, but what is worrying is the degree to which more and more Republicans are responding to just about anything that the Obama administration does with undiluted rage.
Ideological war
The party that lost the election is getting adept at channelling the middle-class anger that was unleashed by the economic crisis with some of the same tools perfected by the Obama campaign. …
http://news.bbc.co.uk/1/hi/programmes/world_news_america/8011439.stm
America’s treasury was “sacked” during the administration of the Republican neocons. The money is gone – bye, bye. Lots of Republicans stood by as the neocons spent lavishly on wars, business interests and the like. That money went away from America’s treasury. The surplus that ex-President Bill Clinton left in America’s treasure vanished. Some of America’s treasury went into the pockets of suppliers of “goods” and “services”. And yes, some of the “money” simply “evaporated”. That is the nature of the world’s economic system.
Now, however, some of the Republicans, on whose watch America’s financial well-being cratered, are expressing outrage. They are twenty-four years too late. The idea upon which the Republicans(neocons) fashioned America’s economy is called Reaganomics. It sports a “lassie faire” component, de-regulation, that is an economy killer.
Republicans love DE-REGULATION within the business community. Business was allowed to perform “on its honor”. But, business goals are not constrained to enhance good government. It is likely that the neocons still don’t get it, or won’t admit to it, but ALL major components of government should be managed by rules. Even America’s presidency is supposed to be managed by rules.
For centuries America’s Constitution has guided America’s Presidents in the fashioning of their responses to conditions in government. It was only recently that an American President described America’s Constitution as an [expletive deleted] piece of paper.
America is “BROKE” and apparently “nobody ain’t responsible to fix that problem in a timely fashion”. It took the latter-day neocons a year before they were willing to admit that America was going “down-hill fast”. Apparently some taxpayers are just getting the message that the treasury is now bare and somebody needs to replenish both the treasury and the earning power of those who initially filled the treasury.
You see, the neocons not only “broke the bank”, their management style broke the “pockets” of those who helped fill the bank in the first place. Economics, among other things, just don’t seem to be a neocon strong point.
Voodoo economics has that effect when an administration tries to use it to manage a nation’s economy.
So, many Republicans stood by without noticing that the country was in a “tail-spin”. The “IN-DENIAL” process handles reality much like the “commodities” that were sold to California’s street gangs during the 80’s.
The ones who controlled America’s treasury, and who spent lavishly on wars and who looked the other way(lassie faire) as new “financial instruments” were put in the market place, now wants America to take note of the fact that America is broke? And now the Republicans wants Obama to be the REASON for America’s “delicate condition”.
America did not get to be 300 years old by being DUMB – no matter who showers it with the “propaganda” of stupidity. America is now going through the same kind of renewal “throes” that it went through during the depression of the 30’s. There was EXTREME ugliness spoken during the 30’s.
When someone REMOVES America’s funds from its treasury, someone will need to put them back. And at this time, human beings(tax payers) are the ONLY SOURCE of revenue. Human beings are the only ones who can put the money back. Politicians do a lot of talking about finding new sources of revenue but there is only ONE source of revenue – human beings.
At this time monkeys have not reached the stage of development, or the stage of evolution where they could be considered a source of revenue. And there may be extreme reluctance, on the part of human beings to try to make a gorilla work in an office for eight hours and be paid accordingly. So America’s recovery task, as one should expect, falls on the shoulders of America.
The American tax-payer is the only one who can bail America out of the deep hole that it allowed the neocons to dig. And it is absurd to think that effort will be “business as usual” or “won’t cost a dime”.
The neocons, on whose watch America experienced this Great Depression like financial disaster, are doing their best to “pretend” that America is not in trouble. And the Republicans, being the opportunists that they are – can use, to their advantage, the likely fact that the economy won’t experience a national bank holiday. Thanks to FDR.
But there is no such thing as a “get out of this financial recession free” card.
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