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The Grand Sell Out

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Heads I win, tails you lose

By Mike Krauss

 Whatever may be said of the GOP members of Congress trying to kill Obamacare, one thing is certain. Someone is backing their play.

Whether it's the promise of campaign contributions, the threat of well funded election opposition or the lure of post Congressional riches, there is a lot of money in play.

What does the money want?

Probably not what the tea partier next door wants, which is a dramatically smaller federal presence in their lives; a goal with which I suspect a lot of Americans are increasingly in sympathy.

But that is not precisely what the money wants.

The one thing you know for sure about modern American government is that it is a government of, by and for established corporate interests. In Washington, corporate profit trumps all.

Obamacare is a windfall for the insurance and pharmaceutical industries.  "Big pharma" is big, and the finance industry (of which insurance is a part) is the now the biggest of all, by some reports accounting for sixty percent of U.S. domestic profits.

They are not going to let Obamcare go down. And neither will the president.  It is his "legacy."

 Without it, what will remain for the history ebooks will be eight years of crushing unemployment and more than five million homes foreclosed, an assault on Constitutional rights, massive student debt, an Orwellian surveillance and police state and mindlessly expensive foreign military involvement.

And the health care legislation has the president's name on it. It is not negotiable and everybody knows it.

So Obamacare is a stalking horse. What do the global corporate elite really want?

More.

Where will they get it?

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http://www.publicbankingpa.org

Author of the forthcoming novel "Pursuits of Happiness," a director of the Public Banking Institute and chairman of the Pennsylvania Project. Mike is an international transportation and logisics executive with broad experience in U.S. government (more...)
 

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