Using Default to Destroy the Middle Class


For the American super-rich war against the American people, the war on terror was both profitable in its own right and great cover for the financial fraud that led to the 2008 Recession: a double defeat for America and victory for the predatory super-rich. But those two battles are history, now replaced by a new scare tactic: not “terror” but “default!” And once again, the solution is of course to take money from the people and give it to the rich, this time by bleeding social services to fund the war budget.

Once upon a time there lived a strange individual, a very rich but nonetheless very angry man: he despised what he had, though he had much, and gave it all up to change the world. His dream, or nightmare – depending on one’s perspective, was to destroy the world’s last superpower (not so unreasonable, considering its similarities to the superpower that actually was destroyed, at least in some measure due to himself). But how could one man, even with a gang of his own, bring down the giant? Of his own accord, he could not. The only way would be to use the giant’s own weight, the inflexibility of its momentum on its chosen course.

So he nudged, rather minimally by the historical standards of, say, the Mongols at the gates of Baghdad or Hitler on the Polish border. Indeed, less: he tweaked. The superpower reacted with pathetic predictability. Then he mocked, running into a cave, then across the Himalayas, publishing his word all the time by CD or on the Internet. Again predictably, the superpower became enraged, red-eyed and blind with righteous fury.

It went from trying to swat the fly with a sledgehammer to trying to colonize a secular country that sneered at and ignored the rich fundamentalist. It struck out in every direction, smashing anyone who remotely looked like our poor-dressing rich man, alienating millions and burning its way through trillions of dollars – a success for the rich man that he could never have achieved against a rational opponent.

One by one, the superpower’s endless string of military victories began adding up to diplomatic, financial, and moral self-destruction: Somalia, Palestine, Lebanon, Afghanistan, Pakistan, Iraq, Iran (whoops, not quite, not yet)…and now Syria? The rich man is gone…dead too soon to know the margin of his victory.

But the years of carnage were good news for one group of Americans: the super-rich bankers and the CEO war-profiteers of arms manufacturing military contract support corporations made huge profits off the wars between the U.S. and Islamic radicals. Indeed, they could hardly have dreamed up a more profitable scheme. Now, with the rich Muslim terrorist dead, the American war profiteers and corrupt bankers have launched a new campaign: using the blackmail of government default to destroy the social services safety net in order to grab those funds as well to fuel their empire-building bulldozer. The billionaires are planning to bulldoze the American middle class into the trash heap of history.

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