Wednesday, January 27, 2010

Save the Midldle Class...Ride a Train

President Barack Obama tonight will deliver his State of the Union message, and it's said that he's listened to the people, taking note of the drumming the Democrats got in Massachusetts, losing Ted Kennedy's senatorial seat to virtual unknown, Scott Brown. And to all you Teabaggers out there, yes it was Kennedy's seat, and your crowing about it being the People's Seat is just a bunch of empty blathering that people in need of slogans pass off for intelligent conversation, so give it up. JSYK, it IS now Scott Brown's seat, it doesn't belong to any of you people who voted for him, and he's responsible for everything that happens there now, just like Kennedy was. And if don't believe me, go try sitting in it. You won't get passed security. (This is what you get from a bunch of people who name their political party after a gay sex act.)

But President Obama is listening, he says. Jobs are the priority. Saving the middle class is the priority. Whoa. Nothing like taking a year to figure out what a lot of us have known for oh, say TEN YEARS!! Man, is it that obvious? We need jobs? With unemployment running close to 20%? (I use the unofficial number that would include the unemployed, the underemployed, and those who plain old gave up looking for work.) Is it that obvious that the middle class has been hung out to dry after holding up this country since WWII? Who says Washington is out of touch?

And he's going to start by investing $8 billion in a stimulus package to build a couple of high speed train links. Eight billion. Wow. Of course, compared to the $182.5 billion used to bailout just AIG, just one of the many financial companies our tax dollars saved, $8 billion doesn't look like a lot. BECAUSE IT ISN'T! Eight billion dollars is barely a drop in the bucket.

All right. Phew. Take a breath, Action Bob, and let's set the record straight.

The middle class was left hanging by the government, but guess what, the middle class stuck its own head in the noose as the government held it. But the middle class, more than AIG, more than GM, more than Lehmann Brothers, needs bailing out, because quite simply, without the middle class there will be no more United States. The rich will just go somewhere offshore, though not where their factories are because those countries are inhabited by poor brown people and rich, white people who inhabit Wall Street and the upper echelons of the financial world don't like being around poor brown people.

The middle class actually cut its own throat starting back in the 1980s and of course, greed was at the bottom of it. Reagan and Clinton (just to show I'm not partisan or a liberal) both deregulated the banking industry, that allowed the megainstitutions we have today like CitiGroup come to be. Banks, stock brokers, insurance companies, mortgage companies all came under one roof, and that's a lot of foxes watching a lot of chicken coops. Add a dose of greed and you've got the makings of some delicious disasters.

Corporations began manufacturing and selling offshore, negating the need for the middle class that, since WWII, bought all the crap that American industry was manufacturing with built-in obsolescence.

But here's where the middle class cut its own throat. It bought in to all this because the stock market and the housing market were doing tremendous, and that's where the middle class put all its money. So, even though prices for everything from gas to a college education were going through the roof, it seems the middle class was more focused on their retirement rather than today, and retirement looked pretty good for them. Or so they thought. Now we know that the middle class retirement years were all smoke, and that's where they all went, as in up in smoke.

Eight billion dollars for a couple of high speed train spurs isn't going to cut it to make enough jobs to save the middle class. I'll blog about this again, but it's what I was afraid of: Obama just wasn't the visionary that we needed for this country. And neither was McCain, so all of you Teabaggers just shut up. We're in this together, and the one thing I agree on is it's the people who are going to get us out of this mess. Maybe. Right now, it looks pretty grim, though, doesn't it?


Juan Iluminado said...

Brilliant my friend. Simply brilliant!!!

Corey said...


All well and good. But in diagnosing how we ended up in this nightmare, you neglected to blame the American middle class electorate for voting against its own economic interests for the last fifteen to twenty-two years years. Specifically the interior west and central midwest.

Some food for thought next time around: how much of this mess does the voter share for where we are now? 50%? 65%?

Or better put, will Scott Brown (and his ilk) do for his state anything close to what Ted Kennedy did?

Action Bob Markle said...

hey corey...i didn't say it specifically, but backing big business and republicans who didn't have their best interest in mind didn't help, though even clinton deregged banking more than reagan, which allowed financial institutions go even wilder...

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