Commentary: ‘Shock Doctrine,’ Reaganomics trigger explosive class war
By Paul B. Farrell, MarketWatch
March 22, 2011- Yes, “there’s class warfare, all right,” warns Warren Buffett. “But it’s my class, the rich class, that’s making war, and we’re winning.” Yes, the rich are making war against us. And yes, they are winning. Why? Because so many are fighting this new American Civil War between the rich and the rest.
Not just the 16 new GOP governors in Wisconsin, Michigan, Ohio, Florida, and across America fighting for new powers. Others include: Chamber of Commerce billionaires, Koch brothers, Forbes 400, Karl Rove’s American Crossroads, Grover Norquist’s Americans for Tax Reform — which now has 97% of House Republicans and 85% of the GOP Senators signed on his “no new taxes” pledge — the Tea Party and Reaganomics ideologues.
Wake up America. You are under attack. Stop kidding yourself. We are at war. In fact, we have been fighting this Civil War for a generation, since Ronald Reagan was elected in 1981. Recently Buffett renewed the battle cry: The “rich class” is winning this war. Except most Americans still don’t realize they’re losing, don’t see the prize at stake.
All this was predicted back in September 2008 by Naomi Klein, author of “Shock Doctrine: The Rise of Disaster Capitalism.” Yes, we were warned that the GOP’s Reaganomics ideology would stage a rapid comeback … warned before the market collapsed … before Wall Street was virtually bankrupt. … before Treasury Secretary Henry Paulson conned Congress into $787 billion in bailouts … warned before Obama’s 2008 election
Free-market Reaganomics roaring back, more powerful than before
Yes, back in the heat of battle, in September 2008, Klein warned America: “Whatever the events of this week mean, nobody should believe the overblown claims that the market crisis signals the death of ‘free market’ ideology.” Then the meltdown went nuclear.
Klein warned: “Free market ideology has always been a servant to the interests of capital, and its presence ebbs and flows depending on its usefulness to those interests. During boom times, it’s profitable to preach laissez faire, because an absentee government allows speculative bubbles to inflate.”
But “when those bubbles burst, the ideology becomes a hindrance, and it goes dormant while big government rides to the rescue.” Remember: A week later Paulson was on his knee, begging House Speaker Nancy Pelosi for that $787 billion bailout, to save our incompetent Wall Street banks that caused the meltdown from certain bankruptcy.
“But rest assured,” continued Klein in September 2008, Reaganomics “ideology will come roaring back when the bailouts are done. The massive debts the public is accumulating to bail out the speculators will then become part of a global budget crisis that will be the rationalization for deep cuts to social programs, and for a renewed push to privatize.”
And yes, America, this war strategy is happening thanks to General Buffett, the new GOP Congress and 16 aggressive anti-democracy GOP governors.
Escalation of new Civil War: GOP dictators killing democracy
After the 2010 election of these new GOP governors, the new Civil War escalated with a new phase of self-destructive “disaster capitalism,” thanks to the Supreme Court’s Citizen’s United decision. Their strategy was first revealed in the Wisconsin dictator Scott Walker’s war against the unions. Then last week the GOP assault went nuclear.
Michigan’s GOP Gov. Rick Snyder signed the “much despised emergency financial manager legislation into law,” said local ABC news, labeling the law “draconic” for giving the governor new dictatorial powers to appoint “emergency financial managers … to run struggling cities and schools, including the ability to terminate union contracts.”
We learned of Snyder’s democracy-killing coup a week earlier when MSNBC’s Rachel Maddow interviewed Naomi Klein. Maddow also exposed another particularly harsh tactic: Snyder’s $1.7 billion tax hikes against seniors and the poor. He was “not using it to close the budget gap. He is giving it away in the form of $1.8 billion in corporate tax cuts.”
Get it, folks? In the GOP governors new strategy escalating this Civil War, the GOP is robbing the poor to give to the rich.