Good Friday morning Widdershin friends — may the first smile you see this morning be your own.
In writing about the wonderfully infinite thing that is the English language, Noam Chomsky mused that there is no end to what you might find yourself saying or writing.
This is one of those times.
And here it is — Mitt Romney is good for America.
And while I’m at it, let me add: There is nothing wrong with being rich, legally using the tax code, protecting one’s privacy, “evolving” one’s positions, and there is absolutely, positively nothing wrong with being successful.
Now you’re wondering, has old Prolix gone and gotten hold of some of the “blue ice” from Breaking Bad, has he again been in his vat-o-Glenfiddich, has he finally gone round the bend? No, yes, maybe, but stick with me whilst I, like Lucy, do some ‘splainin‘.
A mere three and a half years after the largest banks in this country were brought to their ankle spats by craven speculation, we have a presidential candidate who exemplifies the very things that brought this country to the brink — some say within 24 hours – of a total meltdown of our society, bank runs, National Guard in the streets, and a worldwide economic cataclysm dwarfing the Great Depression.
In terms of job creation, we have someone who was a venture capitalist making a fortune by outsourcing, offshoring, and the offensive use of bankruptcy courts. (When I use “offensive” I mean proactively buying companies, paying obscene management fees for burying companies in unserviceable loans, and then using bankruptcy courts and the tax code to dismantle the companies, layoff workers, abandon pension plans, and discharge the debts. In six words: Privatizing profit and socializing the losses.)
In terms of healthcare, we have someone who champions a do-nothing, pandering House of Representatives that has voted 33 times to dismantle the Affordable Care Act modeled after his own Massachusetts healthcare plan while solemnly vowing to kill it on his first day in the Oval Office, and with it, killing healthcare for 30 million Americans. (Another estimated 27 million would be cut from the healthcare rolls under the block-granting of Medicaid.)
In terms of tax policy, we have someone who pays a marginal tax rate of less than 15% courtesy of a sweetheart sop loophole for investment fund managers known as “carried interest” while advocating a 500% tax increase for the poorest tax paying Americans — from ten to fifteen percent.
In terms of bank regulation, we have someone who has declared war against the flaccid provisions of Dodd-Frank while stumping for the repeal of the very regulations designed to curtail the speculation that led to the collapse of the financial industry in the first place.
In terms of regulators, we have someone who wants to dismantle and banish regulators of the Commodity Futures Trading Commission who are now charged with riding herd over $380,000,000,000,000 (Three Hundred Eighty Trillion Dollars) in the “derivative swaps market” with 690 people on the payroll which is just 10% more than they had twenty years ago when they oversaw a paltry $8.0 Trillion in commodities.
In terms of budget, we have an advocate for a trillion-dollar reduction (one out of every four dollars the federal government spends) in order to not only bring permanency to the Bush tax cuts, but to offer an additional trillion-dollars in tax cuts for the wealthy and corporations.
In terms of personal responsibility, we have someone who has “parked” funds in offshore accounts in order to delay or avoid taxes and then tells the children of the middle class to shop around or borrow money from their parents to go to college.
We have someone who is the beneficiary of the largesse of what are, in essence, tax-free loans by “parking” his money offshore while he sermonizes about corporations being people.
We have someone who has played by the rules written by the 1% crowd and then accuses the bottom 50% of working Americans of not paying their fair share.
Yes, Mitt Romney is good for America — where could you have a better example of what has happened to this country in the last thirty years? Can there be a better road sign to the greatest chasm of wealth since the Gilded Age? How could you better explain the different set of rules permitting the gentrified to flourish as they declare, “We are VIPs!“
Yes, Mitt Romney is good for America — he is the poster boy of what the failed experiment in trickle down economics has done for those doing the trickling and what it has done to those who have anxiously awaited getting wet.
This bright-line delineation could not be brighter if it was sitting atop the Luxor Sky Beam. If there were only someone other than an enfeebled, self-promoting narcissist to draw the ironic and iconic distinction, this could be the election to put an end to the thirty year erosion of the middle class.
Yes, Mitt Romney is good for America — we can only hope he is such a good example of what has happened in the last thirty years that a tragically flawed messenger like Obama won’t get in the way of America taking notice.
Noam Chomsky was right — there is no end to the wonders of what you might find yourself saying.
This is an “all skate” open thread.