It’s your ideology, stupid–not your cultural diversity image

February 14, 2009 at 3:04 pm in Economics and Ideology, Globalization by IfLizWereQueen

AlanGreenspan.jpg picture by eeberry

The Leadership of the Republican Party should listen to one of their own, Alan Greenspan when he made his  mea culpa last fall:OK already UNCLE!  I was wrong my entire life time.  Conservative economic neo-liberalism is a failed ideology.  It does not work after all.”

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QUEEN’S COMMENTS ON THE GOP IMAGE RE-DO:  A Black Republican by any other name is still a Black Republican who still follows the same failed ideology.

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They don’t get it.  They are still grasping at the wrong straws.

They seem to think that black is what Americans want because we elected Barack Obama by such an overwhelming majority.

NEWS FLASH: Obama’s “blackness” does not even begin to figure into the equation of his popularity  and success in the smallest measure.  In fact, need we point out that Obama is only “half-black” any way–not nearly enough to buy him the political capital that has been afforded to him by the people of the United States of America.

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I smile at the recent appointment of Michael Steele as the Chairman of the RNC and the actions being undertaken to promote Jindahl of Louisiana–as if someone’s skin color or exotic cultural heritage would raise up the GOP from the depths of the rabbit hole to which their failed ideology has plunged them.

The problem with the Republican Party is its failed conservative economic neo-liberal ideology, the ideology of the rich–not the skin color of its candidates. And if Obama  doesn’t start to remember this himself, and listen to the progressives of his own party instead of the centrist Clintonite Democrats who also embrace this same failed ideology, he may be finding himself in that same rabbit hole with the Republicans in 2010.

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For those who may have missed previous posts on exactly what the cornerstones are of this failed conservative economic neo-liberal ideology, please allow the Queen to repeat herself here.  Please also remember that at least one from the club of this failed ideology has admitted that it does not work and that it has proven itself to be a failure:  Alan Greenspan.

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FAILED CORNERSTONES OF THE CONSERVATIVE ECONOMIC NEO-LIBERAL IDEOOGY THAT WE HAVE BEEN FOLLOWING SINCE THE DAYS OF RONNIE REAGAN AND MAGGIE THATCHER.  THEY DIDN’T WORK THEN AND THEY WORK EVEN LESS WELL TODAY.  Yet conservative Republicans cling to these cornerstones like Moses to his tablets:

The main points of neo-liberalism include:

  1. THE RULE OF THE MARKET. Liberating “free” enterprise or private enterprise from any bonds imposed by the government (the state) no matter how much social damage this causes. Greater openness to international trade and investment, as in NAFTA. Reduce wages by de-unionizing workers and eliminating workers’ rights that had been won over many years of struggle. No more price controls. All in all, total freedom of movement for capital, goods and services. To convince us this is good for us, they say “an unregulated market is the best way to increase economic growth, which will ultimately benefit everyone.” It’s like Reagan’s “supply-side” and “trickle-down” economics — but somehow the wealth didn’t trickle down very much.
  2. CUTTING PUBLIC EXPENDITURE FOR SOCIAL SERVICES like education and health care. REDUCING THE SAFETY-NET FOR THE POOR, and even maintenance of roads, bridges, water supply — again in the name of reducing government’s role. Of course, they don’t oppose government subsidies and tax benefits for business. [No finer example of this in action than Bill Clinton's "Welfare Reform Act" that put a time limit on Poverty by limiting the number of years that a family could receive aid for their dependent children to five years.  Then, thanks to principles 1, 3, 4 and 5, he further yanked security away from them by passing NAFTA and shipping millions of jobs out of the USA--all in the name of "globalization." F U Bill and your wife tooTo paraphrase your wife from that infamous Camp David meeting:  What the f. did you ever do for us?]
  3. DEREGULATION. Reduce government regulation of everything that could diminish profits, including protecting the environmentand safety on the job.
  4. PRIVATIZATION. Sell state-owned enterprises, goods and services to private investors. This includes banks, key industries, railroads, toll highways, electricity, schools, hospitals and even fresh water. Although usually done in the name of greater efficiency, which is often needed, privatization has mainly had the effect of concentrating wealth even more in a few hands and making the public pay even more for its needs.
  5. ELIMINATING THE CONCEPT OF “THE PUBLIC GOOD” or “COMMUNITY” and replacing it with “individual responsibility.” Pressuring the poorest people in a society to find solutions to their lack of health care, education and social security all by themselves — then blaming them, if they fail, as “lazy.”

Around the world, neo-liberalism has been imposed by powerful financial institutions like the International Monetary Fund (IMF), the World Bank and the Inter-American Development Bank. It is raging all over Latin America. The first clear example of neo-liberalism at work came in Chile (with thanks to University of Chicago economist Milton Friedman), after the CIA-supported coup against the popularly elected Allende regime in 1973. Other countries followed, with some of the worst effects in Mexico where wages declined 40 to 50% in the first year of NAFTA while the cost of living rose by 80%.

SOURCE:  This information was taken from a great explanation that was written by  Elizabeth Martinez and Arnold Garcia, National Network for Immigrant and Refugee Rights.  Please go to Corp Watch for more:

http://www.corpwatch.org/article.php?id=376

Proclaim the Queen!