The Fleecing of the Middle Class
Michael Moore hit the nail on the head in this interview with Larry King about the auto industry bailout:
And I mean those guys that were testifying today, one of — the Ford chairman is making something like $22 million a year and his company lost $2 billion last year. The G.M. chairman is making $15 million a year. His company lost $39 billion last year. And he’s rewarded with a $15 million payout.
I mean this is — this is just absolutely insane.
But I’ll tell you what it really has proven to me, Larry, is that these guys, after all of that stuff they’ve been telling us all these years about go capitalism, free market, free enterprise, they don’t believe in any of that.
They don’t believe in free enterprise or a free market. They want — they want socialism for themselves. They want a handout…
KING: Yes.
MOORE: …and a net for themselves. To hell with everybody else, but give it to them.
KING: As…
MOORE: And I think, really, what we’re seeing here right now with them, with the banks, we’re seeing the end of capitalism — the end of capitalism as we know it.
KING: Has…
MOORE: And I say good riddance.
KING: As Mel Brooks…
MOORE: It hasn’t helped the people or the planet.
KING: As Mel Brooks once classically said, where did we go right?
The rich have this view of poor people as a disease, and not knowing their take on disease, I can only assume their strategy is to ignore them and maybe they will go away. The homeless don’t make it on our census sheets. They’re not counted among the current unemployed. Their story has been untold for decades. Unfortunately that is nothing new.
Our “Free Market” social contract has been to agree on poverty as a casualty of a system skewed to protect corporations over individuals. The agreement gave the Middle class ammunition in their inevitable confrontation with poverty in their communities (assuming most Middle-classers can’t afford the upgrade to a gated community); the justification for dismissing the poor and homeless as lazy, drunk, or worse.
America’s Upper class now has more capital than any of us can even begin to wrap our heads around (Bernie Madoff just walked away from having to account for the $1,000,000, disguised as jewelry, he laundered to his family). What do they know about working for a living? What do they know about keeping a budget, making ends meet, or being self-made? It really is just easier to understand their economy in terms of an elite socialist niche, carved out for about 5% of Americans, under the guise of a “Free Market”.
Only the Middle class offers a realistic study on Capitalism as it’s been exalted. It’s the last group to walk the Capitalist line, follow the Capitalist rules, and prop up the Capitalist banks. This army marched long enough to spin their neighbor’s decline in the same way they spun poverty: to apply labels of laziness, drunkenness, and insanity in order not to empathize and potentially fall down with them. The Middle Class’s race to the bottom is marked by broken families, rising substance abuse, suicide, and a nice, stucco exterior.
Earth to Middle Class: Stop pretending you ever had an invitation to the American Capito-socialist orgy. Such an invitation comes with a shining, super-socialist safety net should you decide to run your own little Ponzi scheme. I don’t know about you guys, but my safety net is currently my Dad. What’s his?