Friday, September 23, 2011

Clinton: Tea Party schemes work exactly nowhere on this planet

We have mixed feelings about former President Bill Clinton, primarily because he supported Nafta and banking deregulation. We've all seen where that's gotten us. (Well, here.)

But the man did make sense yesterday in New York when he was talking to ThinkProgress about the Tea Party. Here's the money quote:
You know, there’s not a single solitary example on the planet, not one, of a country that is succesful because the economy has triumphed over the government and choked it off and driven the tax rates to zero, driven the regulations to nonexistent and abolished all government programs, except for defense, so people in my income group never have to pay a nickel to see a cow jump over the moon. There is no example of a succesful country that looks like that.
Richard Kline, a Seattle poet an polymath, predicts that the oligarchy that funds the Tea Party will fail. In a recent essay, he wrote,
...we too now can rely upon the oligarchy to fail. They have nothing to offer 90% of the citizenry, economically or socially. They have been serial catastrophists in their grossly speculative market manipulation, and only grasp after ever more gassy phantasms following each failure. Their ‘bombsight hegemony’ pursued abroad gets no peace, no silence, and no net profit. Both on an historical basis and on present scrutiny, we can rely upon the extractive class to drive themselves right into the bridge abutment of ruin.
What we can’t rely upon is for them to impact that moment quickly. From an historical and cyclical perspective, ‘just waiting it out’ might take until 2035, even 2045. ... If we want change sooner than a generation of rot from now, it will have to be worked for, and worked for not with wagging fingers and dabs of money thrown at issues but with organization.