Gregory G. H. Rihn (milwaukeesfs) wrote,
Gregory G. H. Rihn
milwaukeesfs

How can you tell when Joe Biden is correct?

Answer: The more right on he is, the louder the right-wing noise machine is going to characterise whatever he said as a "gaffe" and Biden as "an idiot." This is the case with regard to Biden's recent speech in which he told a predominantly black audience that Romney would unchain Wall Street and put them back in chains. While this might not have been the most diplomatic way of putting it, it's fundamentally sound in principle.

Unbridled capitalism and the gross greed of bankers and brokers tends toward reducing the middle and lower classes to a state of peonage, or debt slavery. Like miners and sharecroppers who were required to buy at the "company" stores with the result that they were in continuous debt and never had either free money or the freedom to consider other employment, many of us today find ourselves in the same state. We are in continual debt to the mortgage holders, the credit card companies, and, in extreme cases, to the payday loan store and the "rent to own" store--loan sharks in legitimate clothing that the Republicans have fought to keep legitimate. Given the tough economic times and the high unemployment rate, we are unwilling to take any risks and cling on to the jobs we have. This is another thing that big business and the Republicans actually encourage: by maintaining a tight job market, wages and benefits can be held down, lowering labor costs.

As I've said before, it's all about control. Shop at the stores they own or invest in (HugeMart, yes--Mom & Pop Shop, no--); bank at the banks they own, paying their interest rates and fees (down with credit unions!); if you have a retirement fund, invest it in funds they run so that they get their cut (privatize Social Security--); YOU must pay YOUR taxes like a good citizen so that they can be siphoned off to pay subsidies to Big Oil, Big Timber, Big Pharma, Big Agriculture--all of which hide their own enormous profits in tax shelters and offshore subsidiaries. Ultimately, every dollar you make will be plowed right back to those you earned it from while you have nothing to show for it but subsistence.

And if you lose your job? Sucks to be you--. One way in which peons are actually worse off than regular slaves is that the masters have no need or interest to care about the welfare of the workers. If you aren't working to make money for the bosses, what's the Tea Party battle cry? Oh, yes--"Let him die!"

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Tags: politics
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