Debt
The current debt drama in Washington illustrates a basic flaw in purely capitalist government, even in a republic. The lack of any representation in the American government by a party which would represent full economic justice for all Americans and a surplus of representation by parties who have been bought and sold by business and banking makes the argument over our national finances a dog-fight between alpha males, each grabbing for the larger parcel of the country's carcass.
Our national debt crisis was incurred by capitalist interests. Our involvement in Asian wars was about capitalist interests in petroleum production and transport. It has been rationalized as a liberation battle between good and evil. This is pablum for the gullible and uninformed to swallow, of course. Simultaneously, wealthy capitalists utilized propaganda about 911's martyrdom of financiers into a tax break for the wealthy that has bankrupted our Treasury and a pillaging of the American people's equity (The Financial Crisis), for which nobody has been held adequately accountable.
While Democrats and Republicans act out a cynical play over the corpse of America's common prosperity, our President acts as the enlightened narrator on the side. He is indeed part of the cast, auditioned years ago by Wall Street, who bought him the election in 2008.
The outrageous debt in America today is the debt of apology that all politicians of each party owe the American people for killing its young people on foreign soil for corporate profit, for handing over the government to financiers and for relentlessly pretending to be representatives of the common people's interests. This is a debt which may never be paid as we drift into international corporate domination.
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