“As campaigns enter their final month, a number of candidates are flooding the airwaves with advertisements demonizing Wall Street. From the presidential race to local Congressional contests, from Montana to New Mexico, candidates — both Democrats and Republicans — are relentlessly attacking their opponents by linking them to bankers and bailouts, no matter how tenuous the connection.
“‘Candidates are bashing each other over the heads for being in Wall Street’s back pocket,’ said Elizabeth Wilner of Kantar Media’s Campaign Media Analysis Group. ‘Wall Street is this campaign season’s punching bag, and it’s bipartisan and it’s escalating.’”
Yes, it’s true, commented Hullabaloo (digbysblog.blogspot.com) blogger David Atkins on the report. People hate Wall Street—so much so that campaigns on both sides are stretching the truth to tie their opponents to Wall Street because it looks so bad.
As he sees it, “That’s what happens when a small class of very, very wealthy people crashes the entire economy, gets bailed out at the expense of everyone else, roars back to greater riches than ever, and then has the audacity of sneer at the downtrodden for not being as ‘productive’ as they are.”
Yes, he added, they’re insecure about both their wealth and their position in society, emotionally and morally.
Atkins concluded, “Good. It’s called social guilt, and it’s a survival mechanism. The big question is who will be left surviving if they bring it all crashing down again.”
However, in case you haven’t noticed, Wall Street has unlimited amounts of money via its ownership of the Federal Reserve System to buy an unlimited number of politicians once the pols get through bashing next month and are sworn into office. Your vote is not going to change that. Check the voting records of the so-called “Tea Party”-sponsored U.S. representatives sent to Washington, D.C., two years ago. You’ll find that most of them have been voting for the Wall Street agenda, in direct opposition to what they promised while running for office, ever since they received their first legal bribes (aka campaign contributions) upon arriving on Capitol Hill.
“When it comes to Wall Street, we don’t have a 2-party system. We have an ongoing Wall Street contribution party,” said Jeff Connaughton, author of The Payoff: Why Wall Street Always Wins. He has a particular insight into this, having spent his career on both Wall Street and Capitol Hill, having worked as a lobbyist and a fundraiser and a White House lawyer before making one last-ditch effort to reform the system as chief of staff to U.S. Sen. Ted Kaufman of Delaware.
Maybe that’s why about half of the eligible population doesn’t vote even in presidential elections and up to 80 to 90 percent don’t vote at all other times. If your vote really mattered, you wouldn’t be allowed to vote.
But if it makes you feel better to vote (registration ends Tuesday for those not already registered), go ahead by all means. It is your right to do so (even though the powers that be are attempting to make it more difficult to vote) and it is the right of those who don’t vote to not do so. No one should be harassed for opting out of performing what seems to be a meaningless ritual.
Wall Street will both survive and thrive at our expense as long as it owns both parties ((and only two are ever allowed) and thus controls the drone operators and other functionaries of the total surveillance police state which has been erected to “protect” the American people since 9-11. Even though they knew playing the “war card” always worked well with Americans, it actually probably astounded many of the Wall Streeters how easy it was to enslave a nation of more than 300 million people.
Wall Street is often likened to a casino. You might say they made a bet that the people wouldn’t figure out the war was mostly on them until it was too late. And it looks like they were right.