Anti-capitalist corporate Republicans, or something like that

Ted Rall’s piece today on Common Dreams is a brilliant dissection of our economic moment and the disjointed uses to which the Republican anybody-but-Romney brigade is attempting to use it, along with a rejoinder to a Democratic Party that has refused to really challenge the corporate order.

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The conservatives’ religious test

When Texas Pastor Robert Jeffress called Mormonism a cult during the recent Values Voters Summit, the media went crazy. The political classes went to town and Mormonism and evangelical Christians were under the microscope.

But the narrow focus on the cult comment meant that the media missed the larger issue — which is that Jeffress (and by extension, the larger conservative evangelical movement) believes that only Christians should be elected to the presidency.

“In a few months, when the smoke has cleared, those of us who are evangelical Christians are going to have a choice to make,” Jeffress said. “Do we want a candidate who is skilled in rhetoric, or one who is skilled in leadership? Do we want a candidate who is a conservative out of convenience, or one who is conservative out of deep conviction? Do we want a candidate who is a good moral person, or do we want a candidate who is a born-again follower of the Lord Jesus Christ?”

Perry, arriving on stage after Jeffress’ introduction, said the pastor had “hit it out of the park.”

In remarks to reporters after Perry’s speech, Jeffress called the Mormon church “a cult,” according to another reporter who was present.

Jeffress has made similar comments in the past.

“I believe we should always support a Christian over a non-Christian,” Jeffress said in 2008. “The value of electing a Christian goes beyond public policies. … Christians are uniquely favored by God, [while] Mormons, Hindus and Muslims worship a false god. The eternal consequences outweigh political ones. It is worse to legitimize a faith that would lead people to a separation from God.”

The Perry campaign responded by saying Mormonism was not a cult and other major Republican candidates — Herman Cain, Michelle Bachman — have refused to weigh in on the question.

Mormonism, as I said, is not the issue here. What is the issue is Jeffress’ assertion that non-Christians should not be considered for public office — a point none of the candidates has been asked to comment on. As far as Jeffress is concerned,

Such a belief should be anathema in a nation that protects the rights of its citizens to worship — or not — as they like that has explicitly avoided any religious test or oath for office-holders. Every candidate should be asked where they stand on this.

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  • Certainties and Uncertainties a chapbook by Hank Kalet, will be published in November by Finishing Line Press. It can be ordered here.
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Read their lips, no new taxes — on the rich; the rest of you, you’re on your own

The Republican plan for addressing the long-term deficit can be summed up this way: Leave the rich alone and pass along the costs to the rest of us.

As Ryan Grimm of the Huffington Post reports:

Rep. Paul Ryan (R-Wis.) said on Sunday that House Republicans would oppose President Barack Obama’s payroll tax cuts for both employers and employees, arguing that the policy had already failed to provide a sufficient boost to the economy. “It hasn’t worked,” Ryan said, suggesting the current temporary tax cut should be allowed to expire, which will amount to a 50 percent tax hike on workers making less than $106,000 per year.

He also said he opposes the president’s proposal to require millionaires to pay the same tax rate as the middle class, known as the Buffett plan. “Class warfare might make for good politics, but it makes for rotten economics,” Ryan said.

Again, to sum things up: Raise taxes on the middle class and oppose any hike in taxes for the rich. And gut so-called entitlement programs.

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Callous Cantor and the soul(lessness) of the GOP

Virginia gets hit with an earthquake and its most prominent national poltician — House Majority Leader Eric Cantor — questions the federal government’s role in aiding the state in the aftermath.

While touring the damage in his district, Cantor surmised, “Obviously, the problem is that people in Virginia don’t have earthquake insurance.” As the Insurance Information Institute notes, “earthquakes are not covered under standard U.S. homeowners or business insurance policies, although supplemental coverage is usually available.” So, for Cantor, the problem here is that Virginians didn’t have the foresight to predict an exceedingly rare natural disaster and pay out of their own pocket in advance.

If absolutely nothing else, Cantor is at least consistent in his callous attitude. When Americans were struggling to recover from the deadly tornado that tore through south in May, Cantor also demanded that any disaster relief be offset with cuts. Apparently, to Cantor, the “appropriate role” for public servants is to completely fail the public they serve.

Cantor, of course, is not some outlier Republican. He’s one of the voices of the party,part of its brain trust. What he says represents what the party believes.

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  • Certainties and Uncertainties a chapbook by Hank Kalet, will be published in November by Finishing Line Press. It can be ordered here.
  • Suburban Pastoral, a chapbook by Hank Kalet, available here.

Dodd-Frank is the Obama presidency

The Dodd-Frank financial reforms are a year old and very little has changed in the banking system. As Matt Stoller points out, the bill was more about creating the illusion of a solution to the financial crisis than imposing the kind of financial restructuring needed to prevent future problems and begin a real stabilization of the economy.

After the immediate crisis was contained, losses were socialized, and profits returned to financial executives, Congress had to put together a “solution”. It would have a giant bite at the apple in restructuring our regulatory apparatus. But in order to perpetrate the oligarchic banking structure, it would be important that no structural changes to the industry be implemented. Not one regulator was fired for his or her part in the crisis. The Justice Department adopted a posture of legalizing financial control fraud by refusing to prosecute anyone involved in the meltdown, and continues to allow millions of cases of foreclosure fraud to continue. Ben Bernanke was renominated, and the administration fought a bitter below-the-radar battle to secure his confirmation. With a few modest exceptions, the risk-taking and leverage in our financial markets continues apace, and the deregulatory neoliberal mindset is still dominant. The Federal Reserve has been audited, but the system is now accountability-free for high level operatives in finance and politics. And now that Elizabeth Warren has been thrown overboard by the administration, the lockdown of the financial system is nearly complete.

And mostly, that’s what Dodd-Frank accomplished. It rearranged regulatory offices and delivered a new set of mandates, but effected no structural changes to our banking system. Congress never asked what happened, or why, or even, what kind of banking system do we want? And that’s because Obama’s Treasury Secretary already had the answers to these questions.

So, unemployment hovers at between 9 and 10 percent, the housing market remains in the dumper and consumer confidence remains low. The euphoria that followed the election of a Democrat who professed to be a reformer has abated once it was clear that he is nothing more than a brand (in Chris Hedges’ words) who talks a good game and shills for the establishment. So now, rather than the dawning of a promised progressive era, the November 2010 election brought us a Congress controlled by kooks and cranks who are more than willing to send the nation to financial default.

But the president and his supporters continue to praise his efforts, which they say prevented a full collapse. That may have been enough in the early part of 2009, but two years on, we have a right to expect more from him and from the Republicans who now control the House of Representatives.
 The sad fact, as Dodd-Frank hits its first birthday, is that it is a perfect representation of the Obama presidency.

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  • Certainties and Uncertainties a chapbook by Hank Kalet, will be published in November by Finishing Line Press. It can be ordered here.
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