Seldom a day goes by that I don’t hear nostalgic lamentations from the left about “modern republicans.” It’s as if we have forgotten the near domination of American politics by Republicans from the civil war and the rise of the robber barons through the gilded age and the depression, being interrupted only in 1932 with the election of FDR. They remain the same old GOP.
Republicans and Democrats (or reasonable facsimiles) have been fighting the same battles over the same issues for much of our history. Republicans have always been Republicans. I’m more nostalgic for the days when Democrats didn’t try so hard to pass themselves off as Republicans. We have all too many of those critters in the party today.
As an illustration here’s Harry Truman speaking on the stump for Hubert Humphrey in 1948:
Harry S. Truman: Address in St. Paul at the Municipal Auditorium October 13, 1948 (more…)
Class Warfare ?
President Obama has once again taken his case to the people and around here we’re glad to see it.
He’s attacking the Bush tax cuts, the moneyed class who claim that they would have to close off a few bedrooms without them, thereby putting a chambermaid out of work, and the Republican prison guards who begin fibrillating at the thought of losing that chambermaid they had grown so fond of.
The country is teetering at the precipice of bankruptcy because it has been fleeced by its wealthiest and most powerful people and corporations and now that the working classes are on the ropes, out of work, behind on the rent, the ruling class wants more.
There are torches in the woods carried by folks in evening wear and I’m hearing shouts of “down with the minimum wage,” “privatize social security,” “let them work till eighty,” “the people are spoiled,” and they’re worried abut “class warfare?” (more…)
[Editor’s note: Today’s morning mail included the article below by Zach Carter at CFAC. It included some wonderfully revealing graphics and charts showing which members of congress are benefiting from the financial rape of America and the destrucion of our middle class by the Sauronic villains of Wall Street.
Crony Capitalism: Wall Street’s Favorite Politicians
By Zach Carter
A full 90 members of Congress who voted to bailout Wall Street in 2008 failed to support financial reform reining in the banks that drove our economy off a cliff. But when you examine campaign contribution data, it’s really no surprise that these particular lawmakers voted to mortgage our economic future to Big Finance: This election cycle, they’ve raked in over $48.8 million from the financial establishment. Over the course of their Congressional careers, the figure swells to a massive $176.9 million.
The complete list of these Crony Capitalists is below, along with the money they pulled in from Big Finance, according to data compiled by the Center for Responsive Politics (opensecrets.org). The career data goes back to 1989. Of the 69 House members who voted with Wall Street on both the bailout and financial reform, 60 are Republicans, while nine are Democrats. All 21 Senators who voted with Wall Street on both issues are Republicans, and Republicans raked in over 90 percent of the total campaign contributions. [At right above] is a chart showing Wall Street’s total contributions to this crowd for the 2010 cycle, by political party:
And here’s one showing total Wall Street contributions over the course of their careers:
Read the rest at Crony Capitalism: Wall Street’s Favorite Politicians | OurFuture.org.