Friday, July 9, 2010
The GOP is not pro-business.
The GOP is not pro-business. It's pro-CEO.
Just as Wall Street morphed from a capital funding service industry for American manufacturing into a fiscal manipulation operation benefiting only itself, America's CEO class have morphed from business leaders into board of directors manipulators intent on lining their own pockets at the expense of shareholders, employees and customers--and America.
Business don't make political contributions. CEOs and Wall Street insiders do--mainly to Republican politicians. And the payback they want is whatever helps them in their decades-long campaign to redistribute America's wealth from the middle class into their own pockets.
This has been hugely successful. CEOs made 20X what their low-level employees made back in the 1950s. Now it's more like 400X. And I don't see their business decisions and leadership being 20X better than CEOs' decisions were in the 1950s.
This shift came out of middle class pockets. And they have the brass to claim that President Obama believes in wealth redistribution! They're the ones who do, and this is simple fact, easily verified from nonpartisan sources.
The Republican Party leadership comprises the nimble and devoted servants of these billionaires, who feel no sense of allegiance to this country or even to their own businesses. They've jiggered the rules so that if their business prospers, they prosper. And if their business sags or even fails, they still prosper. Ditto the country as a whole.
Only when the fortunes of the leaders rise and fall with those of their organization do leaders lead well. Otherwise, if they've become uncoupled from their organization's fortunes, they will work for their own ends regardless of how it affects that organization. That's just human nature.
The Democrats are no saints, and I strongly oppose their efforts to help Mexican citizens living here illegally at Americans' expense, as well as their pandering to public employee unions and every ethnic/racial/religious group they can single out for special favors.
But their policies aren't driving America into the ditch.
The real problem is that in their six years of ruling all three branches of government, the Republicans did so much damage to the economy that it will take over a decade to repair it.
Yet presidents are elected every four years, and President Obama can't possibly undo the Republicans' damage in that timeframe. This is the advantage dictatorships like Communist China have over us--their solutions' timeframes can match reality.
So we'll let the foxes back into the henhouse, most likely.
After all, they are the experts on hens.