Reply #41: Well here's someone who agrees with you (and I do too). [View All]

[JohnyCanuck]

The New Serfdom
by Kurt Nimmo from
Another Day in the Empire

<snip>

Our system of elected representation has now become so corrupted; it no longer serves the needs of people, but has instead furthered the erosion of the basic rights it is sworn to protect,” writes Rob Ronning. “The once free market economic system has been manipulated to become profitable only for those already holding power and wealth, while offering a lifetime of labor without appreciable gain for the vast majority of participants.” In other words, slavery.

“Corporate America has spent billions lobbying for deregulation of its activities and for privatization of everything from the health system to education to national parks and forests to Social Security—a situation that would lead to ownership and control by the corporate sector and a tiny handful of the super rich of virtually every aspect of society,” I quoted Bill Willers as writing in my The New American Serfdom. “With country and culture in the hands of a very few, democracy perishes. The great American Experiment would end not through internal weakness, but via carefully crafted ‘neoconservative’ strategy from without, to be replaced by something resembling, more than anything else, medieval feudalism, only set in a high tech world. According to the plan now in place, ‘we the people’ are to be the new serfs.”

“Many Americans have virtually no leeway on their monthly budgets,” notes Alexander Cockburn. “A co-pay on some relatively minor health emergency sends them scrambling to the loanshops. If interest rates start to move upwards many households on flexible mortgage rates will default, and plummet into bankruptcy and debt peonage for the rest of their lives… If the current trend among countries such as China, Japan and India to reduce their dollar holdings continues, the dollar’s status will plummet, and eventually its role as the world’s reserve currency will come to an end. No longer will the Asian nations subsidize America’s debt, and in consequence the cost of living for ordinary Americans will start to soar, pushing even more over the edge.”

Endless war and peonage are the harsh realities the neolibs and their neocon cousins have in mind for us. Sooner or later the American people will wake up to all of this and do what they should have done the last time the plutocrats and the banking and corporate piranhas destroyed the economy and imposed massive privation (i.e., during the so-called Great Depression) on “ordinary people” —make revolution, as Thomas Jefferson said the nation needs every fifteen or so years.