Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
AI Stocks Strength vs Weakness - Why Selling Google or Facebook is a Big Mistake! - 14th Jun 21
The Bitcoin Crime Wave Hits - 14th Jun 21
Gold Time for Consolidation and Lower Volatility - 14th Jun 21
More Banks & Investors Are NOT Believing Fed Propaganda - 14th Jun 21
Market Inflation Bets – Squaring or Not - 14th Jun 21
Is Gold Really an Inflation Hedge? - 14th Jun 21
The FED Holds the Market. How Long Will It Last? - 14th Jun 21
Coinbase vs Binance for Bitcoin, Ethereum Crypto Trading & Investing During Bear Market 2021 - 11th Jun 21
Gold Price $4000 – Insurance, A Hedge, An Investment - 11th Jun 21
What Drives Gold Prices? (Don't Say "the Fed!") - 11th Jun 21
Why You Need to Buy and Hold Gold Now - 11th Jun 21
Big Pharma Is Back! Biotech Skyrockets On Biogen’s New Alzheimer Drug Approval - 11th Jun 21
Top 5 AI Tech Stocks Trend Analysis, Buying Levels, Ratings and Valuations - 10th Jun 21
Gold’s Inflation Utility - 10th Jun 21
The Fuel Of The Future That’s 9 Times More Efficient Than Lithium - 10th Jun 21
Challenges facing the law industry in 2021 - 10th Jun 21
SELL USDT Tether Before Ponzi Scheme Implodes Triggering 90% Bitcoin CRASH in Cryptos Lehman Bros - 9th Jun 21
Stock Market Sentiment Speaks: Prepare For Volatility - 9th Jun 21
Gold Mining Stocks: Which Door Will Investors Choose? - 9th Jun 21
Fed ‘Taper’ Talk Is Back: Will a Tantrum Follow? - 9th Jun 21
Scientists Discover New Renewable Fuel 3 Times More Powerful Than Gasoline - 9th Jun 21
How do I Choose an Online Trading Broker? - 9th Jun 21
Fed’s Tools are Broken - 8th Jun 21
Stock Market Approaching an Intermediate peak! - 8th Jun 21
Could This Household Chemical Become The Superfuel Of The Future? - 8th Jun 21
The Return of Inflation. Can Gold Withstand the Dark Side? - 7th Jun 21
Why "Trouble is Brewing" for the U.S. Housing Market - 7th Jun 21
Stock Market Volatility Crash Course (VIX vs VVIX) – Learn How to Profit From Volatility - 7th Jun 21
Computer Vision Is Like Investing in the Internet in the ‘90s - 7th Jun 21
MAPLINS - Sheffield Down Memory Lane, Before the Shop Closed its Doors for the Last Time - 7th Jun 21
Wire Brush vs Block Paving Driveway Weeds - How Much Work, Nest Way to Kill Weeds? - 7th Jun 21
When Markets Get Scared and Reverse - 7th Jun 21
Is A New Superfuel About To Take Over Energy Markets? - 7th Jun 21
Why Tether USDT, Stable Scam Coins Could COLLAPSE the Crypto Markets - Black Swan 2021 - 6th Jun 21
Stock Market: 4 Tips for Investing in Gold - 6th Jun 21
Apple (AAPL) Summer Correction Stock Trend Analysis - 5th Jun 21
Stock Market Sentiment Speaks: I 'Believe' We Rally Into A June Swoon - 5th Jun 21
Stock Market Russell 2000 After Reaching A Trend Channel High Flags Out - 5th Jun 21
Money Is Cheap, Own Gold - 5th Jun 21
Bitcoin and Ravencoin Cryptos CRASH Bear Market Buying Levels Price Targets - 4th Jun 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Democrats Prepare to Move to the Right

Politics / US Politics Nov 05, 2010 - 04:00 AM GMT

By: Shamus_Cooke

Politics

On the eve of the Republican-dominated mid-term election, working people were told to vote Democrat to prevent a "truly dangerous" Republican party from taking power. There is an element of truth in this:  the Republican Party has been sprinting to the far right for decades, to the point where they are incapable of speaking sensibly about political issues.


 But in a close second place in this rightward scramble are the Democrats, who've spent decades racing into the arms of the corporations that dominate both political parties unchallenged. 

This mad dash to the right did not stop at the midterm election; the Democrats are preparing to unleash their hidden second wind, kept from public view until after the elections. 

The first step to the right occurred in the commentary over the lost elections. The Democrat's fake analysis about why they lost will push them to "correct their mistakes.” 

Contrary to all evidence or common sense, the Democrats now claim that their agenda was "too progressive" while in power, to be fixed by shifting even further to the right. In effect, the Democrats are now agreeing with the Tea Party's analysis of the Obama Administration.  

Democratic Senator from Indiana Evan Bayh explained this false narrative in The New York Times, in his op-ed entitled Where Do Democrats Go Next?  His answer could only be interpreted as to the right:

"It is clear that Democrats over-interpreted our [progressive] mandate. Talk of a ‘political realignment’ and a ‘new progressive era’ proved wishful thinking." (November 3, 2010). 

Bayh suggests that the Democrats adopt numerous Republican policies to compensate, such as cuts to both corporate taxes and Social Security. 

http://www.nytimes.com/2010/11/03/opinion/03bayh.html

Obama wasted no time in agreeing with the Tea Party in his concession speech. He had "lost contact" with the American people, meaning, that he had acted too progressively. To compensate, Obama implied a move to the right, by serving corporations even more obediently: 

"I've got to take responsibility in terms of making sure that I make clear to the business community [Wall Street and corporate America], as well as to the country, that the most important thing we can do is to boost and encourage our business sector...,"

Obama also promised to "negotiate" with Republicans over the Bush tax cuts, energy, and education policies.
 
Social Security is an additional area that Obama has agreed to negotiate with the Republicans. Obama's bipartisan Deficit Reduction Commission purposely waited for the midterm elections to end before it announced its recommendations, which will reportedly include cuts to Social Security and Medicare.  

Both Republicans and Democrats are set to unite in attacking Social Security, in the same way they have united over the Bush/Obama wars; the Bush/Obama bank bailouts;  the Bush/Obama destruction of civil liberties; the Bush/Obama education policy; and the Bush/Obama general favoritism of corporations over working people. 

Both parties agree that the U.S. deficit is a more severe problem than creating jobs. They will thus unite to reduce the deficit by cutting or destroying valuable social services to working people, including Social Security, Medicare, public education, and other federally funded programs.   This is their only option, since both parties agree that raising taxes on the rich and corporations or cutting military spending are "off the table".

These bi-partisan, anti-worker policies will further expose the Democrats as being extensions of the very wealthy and the corporations.  Working people will refuse to vote for this “lesser evil” in the future and demand that their labor and community groups move towards political independence.

Shamus Cooke is a social service worker, trade unionist, and writer for Workers Action (www.workerscompass.org).  He can be reached at shamuscook@yahoo.com

Shamus Cooke is a frequent contributor to Global Research.  Global Research Articles by Shamus Cooke

© Copyright Shamus Cooke , Global Research, 2010

Disclaimer: The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of the Centre for Research on Globalization. The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible or liable for any inaccurate or incorrect statements contained in this article.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in