Class warfare

In the Wall Street Journal last week, a writer whined that Republicans, at least, had not resorted to "class warfare" in the debt ceiling/budget debate. More of this sentiment can be had from Daniel Henninger, deputy editor of The Wall Street Journal's editorial page.

Mr. Heninger is not opposed to class warfare, mind you: very recently, he blamed the working class' faltering morality for their lower-drifting standard of living. But Mr. Henninger is a hypocrite and a mouth piece, and what can one expect of an employee of a (formerly great) paper now owned by that ultimate advocate of class warfare , Rupert Murdoch?

Yes, teachers unions have harmed education. We all get that, Mr. Henninger. That does not mean that banks and insurance companies and big pharma have not abused the power of their purchasing power in the U.S. House and U.S. Senate to declare war on their customers.

The fact is, there IS a class war going on, and banks that pushed "liar's loans" are no less at war with the general public than tobacco companies that used cartoons to sell cigarettes to poor children and lied under oath about the results of their own research into cancer, all the while shifting the health cost of the addiction onto the taxpayer.

You don't have to call that class warfare. But it fits.

Or Golden Sacks, which managed to get taxpayers to bail them out (directly, and through AIG) into a year of great profits, while our local banks had to stop making car, house and business loans. Golden and others tranched their way into unforgivable risk with our money. Lost it. Then got us to pay them back. Some of them should be in jail, and that they are not is because they have wealth and power.

You don't have to call that class warfare. But it fits.

That the wealthy class cries out that their victims should not indulge in "class warfare" is an old tactic, often employed: "Thou shalt not speak any truth that I label the speaking of which as immoral." This gives the wealthy ownership of the playing field, and the rules, while they rip us off and try to get us to stop talking about how they have rigged the system.

It is sophistry, casuistry and it should be confronted as such.

We call foul. Corporate kleptomaniacs are hurting America. It was George Bush and his gang, not Barrack Obama, who put this country into this great financial peril. It is the bitterness of the right wing, exposed too often as amoral extortionists (Enron was NOT the exception), that we hear now in these laments about class warfare.

Yes, we need education reform. We also need bank reform. We need campaign finance reform. We need Clarence Thomas off the Supreme Court. And we need real journalism in America.