Wednesday, July 23, 2008

The Greatest Threat America Has Ever Faced: the GOP?
The Mother of All Messes
(Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. He was Associate Editor of the Wall Street Journal editorial page and Contributing Editor of National Review.)

We must get the Republicans totally out of power, or we will have no country left for the Democrats to mess up.

I say this as a person who has done as much for the Republican Party as anyone. I helped to devise and to get implemented an economic policy that cured stagflation and that brought Republicans back into political competition after Watergate. If I could have looked into a crystal ball and seen that under a free trade banner, Republicans would enable corporate executives to pay themselves millions of dollars in “performance pay” for deserting their American work forces and hiring foreigners in their place, thus destroying the aspirations and careers of millions of Americans, I never would have helped the Republicans. If a crystal ball had revealed that a neoconned Republican Party would launch wars of naked aggression against countries that posed no threat to the United States, I would have shouted my warnings even earlier.

The neoconned Republican Party is the greatest threat America has ever faced.

Judging by their behavior, a number of Democrats go along with the neocon view. Thus, the Democrats don’t offer a greatly different profile. They went along with the views that corporate profits and the war on terror take precedence over everything else. They have not used the congressional power that the electorate gave them in the 2006 elections.

Traditionally, Democrats objected whenever policies resulted in a handful of rich people capturing all of the income gains from the economy. There might still be a few such Democrats left.

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