Adonis Diaries

Posts Tagged ‘federal budgets

Is the US readying for another preemptive war? The capitalist system will confirm it by electing Mitt Romney 

The presidential candidate Romney boasts that, as governor of Massachuset State, he balanced the State budget, as he managed to balance the budget of his multinational company. As if balancing State’s budget is the same as balancing Federal budget!

These balancing gimmicks in Federal budgets have been disposed of six decades ago: Once the federal government want more spending leeway, all it has to do is preparing to lunch a preemptive war so that Congress and Senate sign to increase the level of budget deficit.

Basically, the money printing machines in the Federal Reserve start churning out worthless dollars 24 hours a day, increasing inflation and abusing the tax paying citizens in additional disbursement from their pocket.

The only worthy statements in these debates are acknowledgment that the US sovereign debt has reached $16,000 billion (a number no president in exercise would have admitted), and that no matter who is elected for the next term, the deficit will shoot to $20 trillion. An amount that represents a third of the total federal worth in State property, which will have to be sold in order to pay back the national debt…

The role-playing of the two parties, Democratic and Republican, in the last 6 decades are as evident as finger prints in the US capitalist structure.

Let’s start from somewhere and comprehend this vicious cycle on how the US citizens are being played in this ping-pong game.

After each calamity, usually a major preemptive war (outside US boundaries), the middle class shifts: 10% ease their financial status toward the richer classes, and the remaining 90% descend to the lower level of middle class opportunities.

The mostly unemployed lower middle class citizens are ready to join the armed forces or enlist in order to secure a job and health insurance for their family members…and they are the most vocal in encouraging another round of preemptive wars…

One president throw money at the Defense department to replenish the weapons warehouses of all kinds of necessary arms and ammunition, and ordering the chief of staff to set up a wra-game planned for the next war field…

Congress and the Senate had agreed to increase the level of federal budget deficit so that the government can start borrowing money to cover the intended deficit.

Usually, the war ends with the US military withdrawing after several years of harrowing calamities, deaths, collateral damages in civilians, handicapped soldiers, physically and mentally…And who win?

The richest classes get richer, and the top 100 US companies (mostly the weapon and communication industries,  heavily subsidized by the federal government, stay afloat) since there are no market for their “specialized” products that need special permission for export…

The next president is required to just play the “balancing budget” at the higher deficit level, not repaying a dime from the original national debt… and licking the wounds, and providing job opportunities, and sustaining the social acquisitions…

The capitalist system knows better not to abuse the citizens repeated in preemptive wars: This term is for the US to focus on its internal problems…And the cycle is repeated ad nauseum…

While Greece has already sold almost all its State properties in order to pay back its sovereign debt, followed by Portugal, Spain, Ireland, Italy…the US keep accumulating national debt with every presidential term, regardless of the political party…

Who is purchasing States properties? Mainly two kinds of money:

1. China and India sovereign saved funds, from the blood and sweat of their little people, working as slaves in sweat shop factories and fields…

2. The US and multinational financial companies, paid for from the “others people” pocket-money. And who are these “others people” pocket-money?

How the US keeps increasing its sovereign debt as if it is of no consequence, and nothing to it?

They are the 10% of the richest people from every other countries: They buy US federal bonds…The return is minimal, but that is the price these “other” rich people have to pay in order for the US financial establishment to “acknowledg or accredite” that they are indeed and “actually rich people“.

Strong with this “admission”, the “other rich people” can invest and develop “on credit”, money from other people pockets, the way capitalist system function…Transfering useless paper money and purchasing real properties…

Note: And what about the sovereign funds of the absolute Saudi Arabia, and the Gulf Emirates?  These funds are basically US reserved funds to dip in, when Congress is in the mood of confronting the Executive administration.

Microcosm of US democracy? The Rules for presidential Debates?

Secret collusion between the two parties, funded by corporations, run by lobbyists: all the ingredients are there…

I watched a couple of these presidential Debates, and I couldn’t get interested: Not a single nerve in me got excited. There must be good reasons why  I felt lethargic, even with all my good intention to feeling engaged.

From the hundreds of hot issues to be discussed and vented out to the millions of citizens, how to balance the Federal Budget and grow the economy was the main selected topics to be confronted with…

As if balancing State’s budget is the same as balancing Federal budget!

These balancing gimmicks in Federal budgets have been disposed of six decades ago: Once the federal government want more spending leeway, all it has to do is launch a preemptive war so that Congress and Senate sign to increase the level of budget deficit so that the government can abuse of additional disbursement of tax payers money, and basically, the money printing machines in the Federal Reserve start churning out worthless dollars 24 hours a day.

The only worthy statements in these debates are acknowledgment that the the US sovereign debt has reached $16,000 billion (a number no president in exercise would have admitted), and that no matter who is elected for the next term, the deficit will shoot to $20 trillion. An amount that represents a third of the total federal worth in State property, which will have to be sold in order to pay back the national debt…

Glenn Greenwald published in The Guardian on October 16, 2012 under “The lame rules for presidential debates: a perfect microcosm of US democracy

President Barack Obama walks past Republican presidential nominee Mitt Romney during the first presidential debate. Photograph: AP

President Barack Obama walks past Republican presidential nominee Mitt Romney during the first presidential debate. Photograph: AP

“The way the two major parties control the presidential debates is a perfect microcosm of how political debates are restricted in general. Though typically shrouded in secrecy, several facts about this process have recently come to light and they are quite instructive.

I was on Democracy Now this morning along with George Farah discussing the ways these debates, designed to cast the appearance of fostering vibrant exchanges, are actually intended to constrict the range of debated views as much as possible.

My segment (and the transcript to it) can be seen here, but it was the commentary of Farah – who is a genuine expert in the history of presidential debates – that I found revealing.

He described how the two political parties in the 1990s joined forces to wrest control over the presidential debates, away from the independent League of Women Voters, which had long resisted the parties’ efforts to shield the presidential candidates from genuine surprise or challenge.

Now run by the party-controlled Commission on Presidential Debates, these rituals are designed to do little more than ” eliminate spontaneity” and “exclude all viable third-party voices”.

Citing a just-leaked 21-page “memorandum of understanding” secretly negotiated by the two campaigns to govern the rules of the debates, Farah recounted:

“We have a private corporation that was created by the Republican and Democratic parties called the Commission on Presidential Debates. It seized control of the presidential debates precisely because the League was independent, precisely because this women’s organization had the guts to stand up to the candidates that the major-party candidates had nominated. And instead of making public these contracts and resisting the major-party candidates’ manipulations, the commission allows the candidates to negotiate these 21-page contracts that dictate all the fundamental terms of the debates.”

Gawker’s John Cook has an excellent breakdown of the 21-page memo.

In his piece, entitled “Leaked Debate Agreement Shows Both Obama and Romney are Sniveling Cowards”, Cook details how the rules imposed on these debates demonstrate that, above all else, “both campaigns are terrified at anything even remotely spontaneous happening.”

Under this elaborate regime, the candidates “aren’t permitted to ask each other questions, propose pledges to each other, or walk outside a ‘pre-designated area.'”

Worse, “the audience members posing questions aren’t allowed to ask follow-ups (their mics will be cut off as soon as they get their questions out). Nor will moderator Candy Crowley.”

The rules even “forbid television coverage from showing reaction shots of the candidates”.

All of this means, as Farah put it:

“The town hall debate we’re going to see tonight is the most constrained and regulated town hall debate in presidential debate history. The first town hall debate was introduced in 1992, and no one knew what anyone was going to ask, none of the audience members were going to ask. The moderator could ask any follow-up questions. It was exciting, and it was real.

“Well, President George H.W. Bush stumbled in response to an oddly worded question about the federal deficit, and the candidates – the campaigns have panicked and have attempted to avoid that kind of situation from happening again. In 1996, they abolished follow-up questions from the audience.

“In 2004, they began requiring that every single question asked by the audience be submitted in advance on an index card to the moderator, who can then throw out the ones he or she does not like. And that’s why the audience has essentially been reduced, in some ways, to props, because the moderator is still ultimately asking the questions.

“And this election cycle is the first time that the moderator herself is prohibited from asking follow-up questions, questions seeking clarification. She’s essentially reduced to keeping time and being a lady with a microphone.”

Making matters worse still, the Commission is run by lobbyists and funded by large corporations.

As Zaid Jilani writes today, the two Commission co-chairmen are former GOP Chairman Frank J. Fahrenkopf, Jr. and former Clinton spokesman Michael D. McCurry. Fahrenkopf is one of the nation’s leading lobbyists for the gaming industry, while McCurry advises a long list of corporate clients including the telecom industry.

The debates are paid for by large corporate sponsors, including Anheuser-Busch Companies.

As Jilani writes, “in the past, the tobacco industry, AT&T, and others have all been sponsors.” And as Farah describes, with all that sponsorship comes the standard benefits:

“FARAH: ‘First, the just nice advertising, of course. They get to – you know, Philip Morris sponsored one of the presidential debates, paid $250,000 and got to hang its banner in the post-debate spin room that was seen throughout the country. But more importantly, they get access, and they get to show support for both major parties.’

“AMY GOODMAN: ‘The major parties on their podiums have Bud Light on the podium?’

“FARAH: ‘Not yet. We’re getting there. We’re getting there, Amy. But they get to show support for both major parties. How often can corporations find a way to make a single donation that strengthens both the Republican and Democratic parties and get a tax deduction for that kind of donation? So it’s a rare contribution. And it also gives them access. They get to go to the actual debate themselves and rub shoulders at private receptions with the campaigns and their staff.'”

Meanwhile, the moderators were selected to ensure that nothing unexpected is asked and that only the most staid and establishment views are heard.

As journalism professor Jay Rosen put it when the names of the moderators were unveiled, using terms to describe those views that are acceptable in Washington media circles and those which are “fringe“:

“In order to be considered as a candidate for moderator you have to be soaked in the sphere of consensus, likely to stay within the predictable inner rings of the sphere of legitimate controversy, and unlikely in the extreme to select any questions from the sphere of deviance.”

Within this one process of structuring the presidential debates, we have every active ingredient that typically defines, and degrades, US democracy.

The two parties collude in secret: They have the same interests and goals. Everything is done to ensure that the political process is completely scripted and devoid of any spontaneity or reality.

All views that reside outside the narrow confines of the two parties are rigidly excluded. Anyone who might challenge or subvert the two-party duopoly is rendered invisible.

Lobbyists who enrich themselves by peddling their influence run everything behind the scenes. Corporations pay for the process, which they exploit and is then run to bolster rather than threaten their interests.

The media’s role is to keep the discourse as restrictive and nonthreatening as possible while peddling the delusion that it’s all vibrant and free and independent and unrestrained.

And it all ends up distorting political realities far more than illuminating them while wildly exaggerating the choices available to citizens and concealing the similarities between the two parties.

To understand the US political process, one can just look to how these sham debates are organized and how they function. This is the same process that repeats itself endlessly in virtually every other political realm.


adonis49

adonis49

adonis49

February 2021
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