Republicans Play a Dangerous Game

As the latest talks to raise the debt limit collapse at the hands of the dogmatic Republicans the public is not amused. As everyone is by now very much aware, failure to raise the debt limit would cause a catastrophic plunge into depression from which the US would be unlikely to escape any time soon. It would be devastating for the country, not to mention President Obama's reelection hopes. But the Republicans could find that their "No New Taxes" mantra could come back to haunt them should they take back the White House in 2012.

This entire financial collapse was caused by an unprecedented redistribution of wealth from the hard working middle class to the wealthy capitalists via a government sanctioned ponzi-scheme, namely, the US securities markets. Securities markets create nothing of value but merely act as an intermediary between those with excess capital (savers/investors) and capital seekers. What seems to be lost in the shuffle (or cleverly hidden therein) is that capital seekers are not just corporations looking to grow or expand their business but they are also wealthy individuals, who by their very nature consume more than middle class folks and need exorbitant amounts capital to support their excessive lifestyles.

Thus, a significant portion of all the money earned by hard working individuals from production of goods and services is redistributed up to the Titans of Finance and their friends through deceptive inventions such as 401K's and other retirement and investment vehicles. These markets make people rich but not by adding anything to the economy or producing something of real value. It is only by taking the money from real producers and concentrating it into their own hands that they become rich. They live off the hard work of others and provide nothing of real value to the community. For Republicans to now say they are not willing to have a fair and balanced redistribution of these assets back into the hands of those who created them is nothing short of pure greed and upper-class arrogance!

The Republicans are intentionally trying to ruin the economic recovery merely to recapture the White House and further erode the middle-class for their capitalist patrons. Their experiment in right wing social engineering, which began under Reagan, has led to the collapse of the US both economically and socially. Now they want to take it even further down the path of destruction.

If the Republicans push the US over the proverbial cliff by not raising the debt ceiling and forcing the US into economic ruin, they will have let al-Qaeda and Osama-bin-Laden win the war against the US. Osama and his team learned from the US, that the way to cause the collapse of the Soviet Union was to bleed them dry financially through impossible military adventures. They took this lesson to heart and used it against the US and now it looks as though they may actually succeed in bringing down the US via the same tactics. This is evident in the resurgence of state government divisiveness and disrespect for federal power that has plagued several of the US states over the past few years.

What is one to do?

Republicans need to learn a new mantra. They would do well to remember the words to the preamble of the US Federal Constitution, which they love to quite so often:

     "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."

Democrats need to flex a little muscle and push the Republicans hard. The American public knows exactly who is to blame for a do nothing Congress. Democrats hold the winning hand they just have to be willing to play it.

Both parties need to stop playing games with peoples lives and livelihoods and work together in order to avoid delivering the US into the hands of its enemies.

Failure to do so would truly be a shame on both houses!