Debt Ceiling Hostage Taking. The Banality of Corporate State Propaganda and Belief In Things Not Real.

6:39 am in Uncategorized by Michael Monk

"Belief - Neon sculpture by Joe Rees"

"Belief - Neon sculpture by Joe Rees" by Steve Rhodes on flickr

“Reagan proved deficits don’t matter.”-former Vice President Dick Cheney

On June 23rd, 2011, House Majority Leader Eric Cantor (R) Va., and Senate Minority Leader Jon Kyl (R) AZ, walked out on the federal debt limit ceiling talks in the kabuki theatre that is Washington, D.C, these days. Why would a party that relies on deficit spending to further its ideology and declares that deficits don’t matter when they are in power do this? To extract more blood out of America’s dwindling middle class, the poor, public sector workers, the elderly, and the unemployed (which further contracts, not expands economic activity) to further an American “shock doctrine” for its billionaires and multinational corporate CEOs. They will vote to raise the debt ceiling after more bloodletting. After all, Mitch McConnell (R), (KY) offered a way out of the phony debt ceiling crisis. But then Obama (always trying to burnish his Reagan bonafides) wanted the “grand deal” of the “gang of six” that offered up Medicare, Medicaid, and Social Security (of which social security has not added to deficits and by law, cannot). But the extreme House radicals led by Eric Cantor pushed through the unworkable “Cut, Cap, Balance” in the House. That led the country back to negotiating what plans to further wreck the public square for theft by rich and powerful interests will prevail. Now it appears the “bi-partisan” deal making is a system of strait jackets and triggers. The corporatists who pretend to represent freedom are ironically trying to create the ultimate state controlled economy, a corporate state controlled economy.

“The use of cancer in political discourse encourages fatalism and justifies “severe” measures-as well as strongly reinforcing the widespread notion that the disease is necessarily fatal. The concept of disease is never innocent. But it could be argued that the cancer metaphors are in themselves implicitly genocidal.” –Susan Sontag, Illness as Metaphor, 1977 Read the rest of this entry →