Nihilism triumphant

"And for you Democrats looking for some silver lining…I got nothing" — Election-night tweet

Well, that was over in a flash. Our liberal, even socialist-curious, president. Our far-left Congress. And perhaps they reached too far, too fast. After all, President Obama chose as his top economic advisers Nobel laureates Joseph Stiglitz and Paul Krugman, as well as former Fed Chairman Paul Volcker. Inheriting the bank bailout from George W. Bush, he imposed a stringent windfall profits tax on Wall Street which he used to help foreclosed house-owners. Wall Street felt the iron hand of liberalism, with a new Glass-Steagall, big enough to even turn the shadow banking system from speculation into investing in job-creating productive industries. Mr. Obama's Attorney General perp walked dozens of leading banksters. And the stimulus: Instead of wasting it in tax cuts, as some advocated, it was more than $1 trillion aimed at cutting-edge infrastructure, including rebuilding our passenger train system and high-speed rail, not being thrown away on highways. Where did the money come from for this socialist reign of terror? Higher taxes on the richest, making corporations actually pay taxes, and winding down the vast national security/empire economy. We were well on our way to retrofitting suburbia for a high-cost energy future, addressing climate change, moving away from foreign oil. And in doing so, creating millions of high-paid jobs. And many union ones, for these ruthless bastards immediately pushed through the Employee Free Choice Act. No wonder, the forces of reaction reacted…

Of course none of that happened. The quick lessons of the election: 1) When an ignorant, afraid electorate, seeing its living standards fall, must choose between bought-off Republican-lite Dems and real bought-off Republicans, they will choose the latter. 2) Except for the bluest states and most farcical candidates, money buys elections and the liberals can't outspend what John Judis calls "the party of reactionary insurrection." 3) The quiet coup has been completed. 4) The Democratic Party may not be dead, but it should be. 5) Most voters have no memory of a government that works well and fights for average people, and that bodes ill for liberalism. 6) Did it matter that the president is black? To many Americans, it did, and negatively. 7) Arizona is toast.

America becalmed

For all the vigor projected by our appealing president, America sits strangely stuck. Healthcare reform seems all but dead. Even the whateverthehellitmeans "public option" is struggling. Tom Daschle, who proved such a formidable leader for the Democrats during the onset of the Bush calamity, is urging President Obama to drop it. There just aren't the votes in the Senate. Indeed, the Democrats seem in a dead run to lose the next election, which would be a certainty if a credible opposition party existed.

It's easy for the senators to be complacent. They are deep in the pockets of the healthcare and insurance industries. The wife of Sen. Chris Dodd earned hundreds of thousands of dollars and stock grants serving on the boards of Javelin Pharmaceuticals Inc., Cardiome Pharma Corp., Brookdale Senior Living, and Pear Tree Pharmaceuticals. And Dodd is one of the good guys? Daschle has his own conflicts. The for-profit medical and insurance industries, along with the U.S. Chamber and assorted business lobbyists can bring hundreds of millions of dollars to bear to maintain the status quo. The only people who think this is a good idea are the diminishing ranks of Americans who have good insurance. The suffering and fear of everyone else has no political power. Meanwhile, the media hype the costs of single-payer (ignoring that America pays twice as much for its system as any advanced nation) and the alleged horror stories of rationing abroad. Can you believe this trick is working?

The same Democrats who won a historic election are struggling to enact the mildest of measures to limit greenhouse gases, even as the government issues a historic assessment of the consequences we are already seeing and will see from climate change. The Southwest can kiss its ass goodbye. So can the Southeast, including the exurban office "park" where the rat bastards at NCR are moving, stabbing Dayton, Ohio, in the back.