Progress Pond

Default? Stalemate? What If A Financial Coup d’Etat Is The Real Goal?

In Booman’s recent piece It’s About Our Country, Not John Boehner, he wrote:

The White House long ago conceded that the House of Representatives has the power to compel them to give up on stimulating the economy and focus on cutting down on the debt. In that sense, the budget hawks won. But they don’t want that kind of victory. The idea that they might throw away everything that Boehner has extracted and chew him up and spit him out is astonishing.

This is not so astonishing if what is really in the air on the Koch brothers/budget hawk level of the right wing is a desire to push to default in order to totally destroy the current political and financial system as it now stands. That’s the way it’s beginning to look to me. Wisconsin was just a test run. From the recent shocked looks on both Boehner’s and Obama’s faces I am beginning to believe that they are seeing a similar picture.

Is this what is happening? If so, it explains the Tea Party types’ intransigence in the face of what the establishment…mainstream DemRats and RatPubs both…sees as a financial and social tragedy in the making.

Take the system down by force…by force of what we laughingly refer to as “law”, anyway…and rebuild it as some sort of isolationist, corporatist utopia where there exist only a working class, a managing class (including massive security forces) and an ownership/governing elite. Ayn Rand’s comic book-level dream come to reality. Will the peons suffer? The useless middle class, the retirees, the unemployed? No matter…they’re all just another set of drags on the economic engine. Let them eat crow. Let them all work for the equivalent of Chinese wages. Fuck ’em. We have to compete on a world level and we can’t afford to be squeamish at the necessities that such competition imposes. China certainly hasn’t been, and look at how well they’re doing.

Can they get away with it? The first part, the default? We shall soon see. The rest? I doubt it. If they are initially successful what they will eventually get is a breakup of the United States on the order of what happened in the U.S.S.R. Years of economic gridlock and human misery followed by secessionist movements and several different countries.

I have written about this potential for breakup before. The U.S. is now held together only by the hypnomedia. We are “Americans” only because we are continually told that’s what we are in thousands of different ways by the media. If things get too tough in terms of quality of life…for any reason, be it an economic tsunami of the sort that will most likely follow a default or a gradual sinking into economic third world status due to the piling on of more and more debt…we will likely see a diminishing set of returns from the media’s “We are Americans” blitz as the true face of poverty…hunger, fuel shortages, a crumbling infrastructure, an almost useless educational system…begins to intrude on the Happy Meal bullshit that passes for media in this country.

When that happens?

When that happens then the various true societally related areas…New England, the East Coast megalopolis, the midwest, the deep south, the western states, the Pacific Coast states, the southwestern states…will begin to drift away from the center out of sheer survivalist necessities. There won’t be enough money for them to be able to afford to support the federal kleptocracy as it now stands, and there goes the “United” part of the United States.

Watch.

We are at a crux point.

Damned if we do (continue to live past our means of production as a nation) and damned if we don’t.

Watch.

Is there a solution to this set of problems??

Yes, possibly. But I do not believe that Obama is temperamentally capable of imposing it. He would have to declare himself the center of the U.S. system and rally its people around him, Winston Churchill style. That’s just not his way. He’s a compromiser. He’ll go the distance using that approach and he will eventually only succeed in compromising himself…and the rest of us as well…right out of business.

So it goes.

That’s how I’m seeing it, anyway.

Your results may differ.

Unless the Dem presidential candidate in 2012 has coattails large enough and strong enough to maintain a Dem majority in the Senate and reestablish one in the House as well…a highly unlikely scenario, it seems to me…then what we will get is four more years of this Tea Party vs. the so-called “liberals” horseshit.

And four more years of that will throw this entire country under a bus.

Precisely where the corporatist far right wants it.

Which is where I came in.

A financial coup d’etat in the making.

Watch.

Later…

AG

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