Plutocracy, Not Democracy

Bob Herbert has become very quotable in his 'speaking truth to power'. After making the obvious point that the recent job data was simply confused (jobs down, unemployment rate down?), he goes on to make what is simply the sad truth in 21st century America:

The people running the country — the ones with the real clout, whether Democrats or Republicans — are all part of this power elite. Ordinary people may be struggling, but both the Obama administration and the Republican Party leadership are down on their knees slavishly kissing the rings of the financial and corporate kingpins.

I love when the wackos call President Obama a socialist. Wasn’t it his budget director, Peter Orszag, who moved effortlessly from his job in the administration to a hotshot post at Citigroup, beneficiary of tons of government largess? And didn’t the president’s new chief of staff, William Daley, arrive in his powerful new post fresh from the executive suite of JPMorgan Chase? And isn’t the incoming chairman of Mr. Obama’s Council on Jobs and Competitiveness very conveniently the chairman and chief executive of General Electric, Jeffrey Immelt?

You might ask: Who represents working people? The answer, as Tevye would say with grave emphasis in “Fiddler on the Roof,” is, “I don’t know.”

In his next column, Herbert continues in the same vein:

As the throngs celebrated in Cairo, I couldn’t help wondering about what is happening to democracy here in the United States. I think it’s on the ropes. We’re in serious danger of becoming a democracy in name only.

While millions of ordinary Americans are struggling with unemployment and declining standards of living, the levers of real power have been all but completely commandeered by the financial and corporate elite. It doesn’t really matter what ordinary people want. The wealthy call the tune, and the politicians dance.

So what we get in this democracy of ours are astounding and increasingly obscene tax breaks and other windfall benefits for the wealthiest, while the bought-and-paid-for politicians hack away at essential public services and the social safety net, saying we can’t afford them. One state after another is reporting that it cannot pay its bills. Public employees across the country are walking the plank by the tens of thousands. Camden, N.J., a stricken city with a serious crime problem, laid off nearly half of its police force. Medicaid, the program that provides health benefits to the poor, is under savage assault from nearly all quarters.

The poor, who are suffering from an all-out depression, are never heard from. In terms of their clout, they might as well not exist. The Obama forces reportedly want to raise a billion dollars or more for the president’s re-election bid. Politicians in search of that kind of cash won’t be talking much about the wants and needs of the poor. They’ll be genuflecting before the very rich.