Mitt Romney: 47% of stupid is REALLY stupid

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There’s no mistaking the mentality of modern-day conservatives. As George Bush famously said, “You’re either with us or against us in the fight against terror.”

With us or against us? Is that the kind of bully-in-the-schoolyard, good guy/bad guy, black and white mentality we want leading America? Is that the best this nation can do — us against them?

We can see further evidence of this foolishness today. Vicious partisan gamesmanship that puts a victory for “our side” before the good of the country.

It’s this kind of insulting, unsophisticated thinking we are seeing now in Mitt Romney. The gilded-class republicans view themselves as members of an elite social club.

Apparently, if you’re too poor, or otherwise unqualified, to pay federal income tax — that burdensome 46% of the US work force — you don’t qualify for membership in “their” club, even if you contribute to  payroll, consumption, Social Security and Medicare taxes.

“All right, there are 47 percent … who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you name it.”

Never mind that healthcare and food and housing should be considered basic human rights. If you don’t pay Federal taxes, for any reason, you are a freeloader, a parasite, one of “them”. You are not a true patriot because you’re not taking one for the team.

You failed to pull yourself up by your bootstraps. You are too stupid to understand that the war on terror, and subsidies for Wall Street bankers, are more important than your petty little needs.

Everyone knows — ask any shallow new-age thinker — that you are responsible for your own destiny, and if you are poor or sick or depressed it is because you have unconsciously chosen to be so.  You don’t qualify for sympathy because you haven’t earned it. You don’t work hard enough. You’re irresponsible.  You are a self-imposed victim of your own ineptitude. An embarrassment.

Mitt Romney, former governor of Massachusetts,...

Mitt Romney, former governor of Massachusetts, 2008 US presidential candidate. (Photo credit: Wikipedia)

For Mitt Romney, this election is all about which club you can buy your way into. It’s all about money, because that’s how Romney has been trained to see the world, in dollars and social status, the privileged class and everyone else.

There is no intelligent conversation about the merits and drawbacks of social reform in American history, no debates about the New Deal and how to apply its lessons to the present. The question is only, whose side are you on? Are you with us or against us?

And the American people? Which side are they on? If they are too poor to pay taxes, Romney is proud to say, “My job is not to worry about those people”, because most of them won’t vote for him anyway.

This isn’t about quality of life for the American people; this isn’t about making America a better place for everyone; it’s about winning one for the Gipper.

It is no longer the job of the president of the United States to worry about the tired, the poor, the homeless, the “huddled masses yearning to breathe free”, for they are now only the “wretched refuse” of America.

And what is even more pathetic is that the very poor who suffer the most under Republican administrations inevitably turn out in large numbers to vote for them. Perhaps it is a perverse kind of hero worship when the poor say, “I want to be rich like him, so I’ll vote for him even though he is working to keep me poor”.

Wealthy, multi-national corporations and their vested interests are looting the American treasury, destroying the very fabric of the constitution upon which the country was founded. Want to transfer 5 trillion dollars in wealth from America to a tiny, ruling elite? Start a “war on terror” and build an ever voracious war and security apparatus.

Want to transfer a couple more trillion to the international banking cartel? Allow multi-national financial institutions to take your hard-earned money and “invest” in ever riskier “derivatives”. A derivative is defined, by the ruling elite, as a high-risk gamble in which, when you win you become filthy rich in a shell game that will eventually collapse, and when the collapse comes you get bailed out by the government and the burden goes to the huddled masses.

The most recent collapse was called the “global financial crisis”, when the big bets went against the house, but the house never loses. The house can’t lose, you lose, because they are dealing the cards. But there is a way out of this financial “malaise” we are in. The Federal Reserve figured out a way.

Print money. But call it something fancy so the American people will take it seriously and think it’s intelligent and effective, say, “Quantitative Easing“, or just “QE” for short. This is another massive transfer of wealth from America to the ruling financial elite, but let’s forget that for a moment.

What is Quantitative Easing? The US government takes something that doesn’t exist – let’s call it “wealth” – and they create it out of thin air. Nothing gets produced. Nothing is manufactured or consumed. There are no new ideas.  There is no real value created except in the perception that lies in the fiat currency of the US dollar, which slowly loses real value.

Inflation seeps into the system in the form of higher prices for food, energy, education, healthcare, housing, etc. Higher prices for real estate is great if you own a house, but what if you’re trying to buy one? And how long will a new housing bubble last this time?

And this artificial stimulus takes money out of the pockets of savers, punishing those like the elderly who need to live off fixed-income assets, and those who would create real wealth through capital formation and business creation. The Fed isn’t loaning money to you and me so we can go out and start a business, the Fed is giving money to bankers at near 0% interest — basically free money — so they can loan money to you and me at much higher interest rates so we can go out and start a business. Get it?

But what if the bankers decide not to loan that money to you because you’re too irresponsible and lazy and untrustworthy (unlike all the banks that went bankrupt in 2008), and they decide instead to go out and gamble in the stock market by buying some S&P call options, or more mortgage-backed securities? And they can gamble all they want with your money because if it’s lost, the government will just print more money to pay back the debt, debasing the dollar, which makes it easier for the US to pay back the money it needs to borrow from China just to stay solvent.

Why do you think the Fed made QE3 open-ended, without an expiration? So they wouldn’t have to crawl back before the American people with their tails between their legs in another year and announce QE4, when QE3 fails to create enough new jobs.

It’s a beautiful system if you’re a banker or have banking friends in high places or have a business that’s “too big to fail”.  Most poor people don’t qualify for business loans, so giving more money to banks so they can lend it to us is really only cycling it back to the wealthy.

Quantitative Easing doesn’t produce wealth, it is the legacy of political corruption and irresponsible monetary and fiscal policy that destroys wealth for the masses by concentrating it ever more in the hands of an elite group of uber-wealthy, multi-national corporations. That’s why the middle-class in American is being gutted.

In a report titled “The American Middle Class Under Stress”, Sherle R. Schwenninger points out that middle-income jobs in the United States have fallen from 52% in 1980 to 42% in 2010, largely replaced by low income jobs that make up 41% of total  employment. Wages have fallen from 60% of personal income in 1980 to 51% in 2010. “ “I worry,” writes Schwenninger, “that we’re becoming a barbell society – a lot of money wealth and power at the top, increasing hollowness at the center”.

Financial guys buy up the stock market, not because companies are wealthier or more productive, not because the economy is stronger, but only because there is more paper money sloshing around the Fed just printed out of thin air. Sound like a scam, a shell game? It is. How much of your retirement savings are in the stock market? How much have you made in the last 10 years?

A gold-standard 1928 one-dollar bill. It is id...

A gold-standard 1928 one-dollar bill. It is identified as a “United States Note” rather than a Federal Reserve note and by the words “Will Pay to the Bearer on Demand,” which do not appear on today’s currency. This clause became obsolete in 1933 but remained on new notes for 30 years thereafter. (Photo credit: Wikipedia)

Heads I win, tails you lose. That’s the mantra of the Ruling Elite in America. But America loses. America is losing. And it is the ruling elite, the top 1% of politicians and their mogul friends in the war, finance, energy and drug (pharmaceutical) cartels that take the spoils. They are winning.

Is Obama any better than Romney? He signed the National Defense Authorization Actwhich gives the US government further power to subvert your civil rights guaranteed under the US constitution. How does that make you feel? Kind of takes the joy out of voting against Romney, doesn’t it?

If you’re tired of this con game the US government has been playing with your money and your future, and the future of your children, get active politically and tell your representatives you won’t stand for this thievery anymore. Tell them to stop the sham of printing money to pay their debts and implement the real structural and legal reforms for the economy needed to create real wealth and quality jobs.

Tell them to invest in education and healthcare and to stop wasting trillions in a “war on terror” that is mostly a red herring to enrich the war machine, and to fund the creation of Big Brother that is taking greater control over your freedom. Tell them the days of bailing out their rich friends are over. Tell them you are not going to take it anymore.

This is a democracy, and a democracy only functions when its citizens play an active role. If you make more than $200,000 a year, Romney’s your man. If you make less than $200,000 a year, America will be a friendlier place for you to live in under Obama.

It is time for revolution in America. It’s that simple. It’s black and white.

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