March 27, 2017 Disclaimer: Please read.
Statements and opinions expressed in articles are those of the authors, not Truthdig. Truthdig takes no responsibility for such statements or opinions.
Say It Ain’t So, O!
Posted on Aug 4, 2011
With the raising of the debt ceiling, the oratorical passion that for weeks gusted through the congressional cave of the winds quickly subsided, and both sides retreated to hollow and unconvincing victory statements. The president appeared a bit shamefaced and embarrassed by the whole affair. But not others. The Wall Street Journal, our paragon of small government, one strictly bounded by revenues and spending limits, wasted no time in resuming hostilities against the president on another front, as it chastised him for not leading the Libya adventure, saying we cannot rely on NATO—our “Keystone Allies.” “No one else” but the U.S., the Journal contended in an editorial Aug. 1, “has the means or the will to see a war through to its end.” Yes, Libya! The debt ceiling measure was akin to the Christmas truce of 1914.
Our problems with governance lie far beyond the character of Obama, or with the Lilliputians who run Congress. Our “leaders” will not lead; worse yet, they refuse to honestly confront the nation’s interest or needs.
The level of our political “discourse” is dictated by historical amnesia and a post-factual rendering of historical reality. The fulsome adulation of Reagan fails to note that he reversed more than six decades of American dominance as the world’s leading creditor nation to that of the world’s leading debtor nation. Where in all this newfound national concern about our debt is there any recognition of George W. Bush’s disposal of a surplus, his administration’s laissez-faire acceptance of misdeeds in the banking community, the invocation of a “too big to fail” doctrine to rescue failing banks and the squandering of resources on dubious wars of choice?
Such revelations and reversals of policy are far beyond the capacity of our dysfunctional political system, one greased with a tsunami of special-interest money in the guise of campaign contributions that effectively serve as a conduit for legalized bribery. We are cooked—and to a well-done turn.
Stanley Kutler is the author of “The Wars of Watergate” and other writings.
Square, Site wide
Taboola Below Article
New and Improved Comments
Right 3, Site wide - Exposure Dynamics
Right Skyscraper, Site Wide
Right Internal Skyscraper, Site wide