We know the Democratic Party has been politically broken, and is no effective defense against the GOP onslaught, because its leaders bow down to the same Wall Street gods as the Republicans. New York, a prime place of residence for the world-class rich (who don't actually "live" anywhere in particular), is governed by a reputed "liberal" who wages relentless warfare on public sector unions. Democrat Andrew Cuomo demands a one-year wage freeze on public employees, whom he blames for all the state's woes. At the same time, he would eliminate the highest tax brackets for the rich.
"The Democratic Party is no effective defense against the GOP onslaught, because its leaders bow down to the same Wall Street gods as the Republicans."
Barack Obama is twice as bad, having frozen federal employee wages (and torn up their contracts) for the next two years. As I wrote in BAR on December 1, 2010 ("Obama Moves Effortlessly to the Right"), Obama, Cuomo and the rest of Wall Street's Democratic servants endorse "two central corporate axioms: that too-high worker pay and benefits is what's wrong with the American economy, and that federal [or any public] spending is a drain on economic growth." That is precisely Republican Wisconsin Gov. Scott Walker's position. Obama also claims to think "we're broke," which is why he's put Social Security and every other entitlement program on the chopping block -- to throw into absolute poverty those who are now merely broke.
In failing to recognize that Gov. Walker and President Obama are essentially the same political animals -- both eager to devour working people and the poor -- the AFL-CIO, self-styled "progressives" and drunk-on-ObamaL'aide Black folks have set themselves up for catastrophic defeat. What has purported to comprise the Left in the United States is on the verge of being politically shattered, broken.
The only good news is, capitalism is broken, too.
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