Tag Archive: ZIRP

Oct 25 2012

The Election is Essentially Over and Spoiler Alert: Wall Street Won

I know it. You know it, so who are we kidding? I suppose anything can happen, but essentially the election is over and our President will very likely win the electoral college and the Democrats will keep the Senate and maybe pick up some new seats in the House. So I’m here to find meaning within it all, because I have not been able to grasp how shutting up during election season, but then speaking up after the election will make us “move froward.” Especially when the President and the filibuster-loving-set-to-do-nothing Congress do not have to care what we think at all afterwards.

They may get together for their grand bargain since many so called Democrats and Republicans are deficit terrorists and will work to tear down our social safety net in a bipartisan way for the mythical bond vigilantes and confidence fairies they believe in because Peter Peterson told them some scary bedtime stories in the chambers of Congress. This will all be hashed out in unrepresentative undemocratic gangs of 6 or 8 or 12 without our input. So what are we supposed to do when that happens and we are cut out? Make believe they still love us?

Or perhaps some think pointing this out is me being seduced by cynicism. Though I respect some who are arguing this now as opposed to the past, I have to vehemently disagree and I think I have a good case to make to counter that narrative.