Posts
MarketWatch
March 22, 2011, 6:55 a.m. EDT
SAN LUIS OBISPO, Calif. (MarketWatch) —
Commentary: ‘Shock Doctrine,’ Reaganomics trigger explosive class war
Yes, “there’s class warfare, all right,” warns Warren Buffett. “But it’s my class, the rich class, that’s making war, and we’re winning.” Yes, the rich are making war against us. And yes, they are winning. Why? Because so many are fighting this new American Civil War between the rich and the rest.
Not just the 16 new GOP governors in Wisconsin, Michigan, Ohio, Florida, and across America fighting for new powers. Others include: Chamber of Commerce billionaires, Koch brothers, Forbes 400, Karl Rove’s American Crossroads, Grover Norquist’s Americans for Tax Reform — which now has 97% of House Republicans and 85% of the GOP Senators signed on his “no new taxes” pledge — the Tea Party and Reaganomics ideologues.
Wake up America. You are under attack. Stop kidding yourself. We are at war. In fact, we have been fighting this Civil War for a generation, since Ronald Reagan was elected in 1981. Recently Buffett renewed the battle cry: The “rich class” is winning this war. Except most Americans still don’t realize they’re losing, don’t see the prize at stake.
All this was predicted back in September 2008 by Naomi Klein, author of “Shock Doctrine: The Rise of Disaster Capitalism.” Yes, we were warned that the GOP’s Reaganomics ideology would stage a rapid comeback … warned before the market collapsed … before Wall Street was virtually bankrupt. … before Treasury Secretary Henry Paulson conned Congress into $787 billion in bailouts … warned before Obama’s 2008 election.
Continue reading here.
