Though there were winners and losers in the recent election, one thing for certain, the next two years should be a blast.
Why so? Well, the Republican Party of No will now have to pull a nice plump white rabbit from its magic hat in the form of how to balance the budget and reduce the deficit while cutting everyone’s taxes and not laying a finger on defense spending or entitlements. Rock on!
Not to mention that they want to ditch the Health Insurance Bill which will actually reduce the deficit over the next ten years.
These magicians however need not hold their breath for support from the health insurance industry that, despite the occasional self-righteous squawk, is quite happy to accept the fifty million new customers the government will be consigning to its tender mercies.
Welcome to DC, you Tea-Partying Republicans, you are about to provide a valuable public service; for in your misguided attempts to eviscerate this decent piece of legislation you will actually highlight its many beneficial provisions and banish some of the lies and innuendo created by your corporate and media sponsors.
Your concern for giving a tax break to those clearing a quarter of million a year, however, is really touching especially when matched up against your unwillingness to pony up a couple of hundred bucks a week for the many unemployed who will be cut off from benefits next month.
Now I ask you who’s more likely to put their money back in the economy, a mother of four living on pasta and hope, or the Lexus owner who just might order Yankee season tickets or a Kate Spade pocketbook?
And what about the party of Bobby Kennedy and FDR? If the Democrats’ sole ambition is to become Republican Lite, you’ve hit the jackpot, guys! Few even deign to mention, let alone defend, a health insurance bill that offers broad protection to the consumer.
And how about their other accomplishments that Democrats ran from faster than any of Steve Duggan’s tips out in Belmont - the stimulus that helped avert a depression; and the bailout of banks and the car industry that not only succeeded but will eventually turn a profit for the country?
“Don’t get me started,” as Elvis warned when speaking about Lisa Marie marrying Michael Jackson.
But let’s talk about the real winners - Big Money, in its various permutations and combinations. As if it wasn’t already calling the shots in this republic, the gutting of the Feingold-McCain Act by the recent Supreme Court ruling put it firmly in the driver’s seat. With no legal need to claim credit for the ads that flooded television, the lies and negativity unleashed were positively eye-popping.
The biggest target – Senator Russ Feingold of Wisconsin! This decent man who bucked Democrats and Republicans alike, in league with the old John McCain – remember him - had the temerity to pass reasonable legislation on campaign donations. Well he may have got the heave ho but we’re the big losers, for Feingold was a true champion of the republic and its citizens.
Some people in the business community feel that the upcoming gridlock will be good for the country; and in the short term they may be right. Company profits are up, cash reserves high, why bother to hire new people when your current overworked employees can carry the load?
Besides, there’s bound to be a couple of scared Democrats who’ll help eviscerate the Finance Reform Bill, especially that pesky little provision that demands that derivative trading be done publicly.
Are you kidding me? The whiz kids down on Wall Street almost pulled off what Lenin and Mao never came close to doing – the destruction of American capitalism – with their unethical and irresponsible creation and trading of stealth bomb derivatives for short term gain.
The president and his party would do well to recall the mid-term elections of 1946. Had Harry Truman buckled under that defeat and dismantled the New Deal, where would we be?
Ah well, where’s my remote, time to check out Rachel Maddow’s hairstyle. The blood sport of politics is about to become interesting again.