July 4 Infamy: Republicans Try to Destroy America’s Economy

boehner cantor mcconnellRon Paul would defeat the debt-ceiling increase and cause a global crash.

Paul Ryan would destroy Medicare and impose a huge punishment on seniors.

Mitch McConnell has said his No. 1 goal is to destroy President Obama, not improve our economy, and has abused the rules of the Senate to obstruct every major jobs program for more than two years.

Eric Cantor walks out of the debt-ceiling talks and the big question is whether Cantor’s dagger is aimed at the back of President Obama, Speaker Boehner or both. (I vote for both.)

On this July 4 the Republican Party is divided between the hope America fails Republicans, who appear to actively want joblessness to rise to seek political gain, and the radical Republicans who adore Ayn Rand, like Paul and Ryan, who favor extremist economic policies that would make America fail (as Republican economic policies often do).

The hope America fails Republicans are a disgrace, with their disgrace made more dramatic as the rest of us celebrate the Fourth of July.

It is incredible, amazing and unprecedented that any leader of a major party in Congress could publicly state that his major goal is not to improve the economic lives of Americans, but to destroy a political opponent, while opposing programs to create jobs that Americans desperately want and need.

There is something strange, sick and weird about certain Republicans who express joy, glee and happiness with every new jobless worker while they brag about their success in destroying policies that would create new jobs.

Is there any better reason for large donors to give big money to the Democratic Senatorial Campaign Committee and Majority PAC?

The radical Ayn Rand Republicans sincerely believe in their reactionary support for unlimited greed and their destructive opposition to any programs that would create jobs.

My guess is that the hope America fails Republicans and the radical Ayn Rand Republicans may well bring Democrats back to power in the House, and preserve Democratic control of the Senate.

Americans do not like partisan politicians who hope America fails, or ideological radicals who would make America fail with an extremism that is hostile to the heartland of the nation.

This is why so many Republican governors are collapsing in the polls and a growing number of Democratic recall battles have a good chance of prevailing, beginning with Wisconsin.

There is a large truth involved here.

The real Boston Tea Party that helped to create this country is most represented by names like Kerry and Kennedy.

The spirit of the Declaration of Independence is best carried by the great liberals of today, and in many ways, mocked by those who wear the Tea Party costumes of the faux Tea Party today, but are really the partisan and ideological ancestors of the British Crown and the oligarchs who backed them, and tried to destroy the colonists, in 1776.

Brent BudowskyYes indeed, both the hope America fails Republicans, who seem to take joy when the jobless rolls rise, and the radical Ayn Rand Republicans, whose extremism would ensure that the jobless rolls keep rising, are not the heirs to the colonists of 1776.

No, they champion the cause once championed by the royalists and their oligarch benefactors Americans defeated in our magnificent war for independence!

Brent Budowsky
The Hill

Brent Budowsky was an aide to former Sen. Lloyd Bentsen and Bill Alexander, then chief deputy majority whip of the House. He holds an LL.M. degree in international financial law from the London School of Economics. He can be read on The Hill’s Pundits Blog and reached at <i>brentbbi@webtv.net</i>.


  1. pigdog67 says

    I hate to see Ayn Rand misrepresented. Paul Ryan says he follows Ayn Rands philosophy but I doubt he understands it. Job losses to China are due to China using a repressed exchange rate and slave labor. Ayn Rand was against both of those.
    Libertarianism does not believe in coercion.
    Also I do not believe she would agree with forcing people to buy private health insurance. Private health insurance is a scam and an unnecessary middleman. Particularly she would not agree with government vouchers being used to pay for private health insurance. That is Paul Ryans plan.
    She would recommend people budget and pay the doctor directly.
    I really wish people would read ‘Capitalism: the unknown ideal” and other works before misrepresenting her ideas.
    She would abolish the Federal Reserve (a great idea) and use the gold standard (a great idea that Greenspan himself advocated in Capitalism: the Unknown Ideal)
    If the employer tax deduction for employee healthcare was eliminated health care costs would plummet and people would be able to afford to pay cash to the doctor. This would reduce government expenditures and chop 30% off the total healthcare bill in this country.
    Eliminating the mortgage interest deduction would bring about affordable housing by reducing house prices.
    Eliminating foodstamps would force employers to pay a living wage if they wanted employees.
    Most of the solutions to Americas problems are simple and in your face. And Ayn Rand would have prescribed them. I am so sorry there is no giant of her stature with us today

    • says

      When even conservative columnist David Brooks thinks the Republicans are being unreasonable as compared to President Obama, we know they have a serious problem and, if allowed to prevail, will create a serious one for our country. Here is part of what Brooks wrote in his July 4th NY Times column:

      Republicans are merely being asked to close loopholes and eliminate tax expenditures that are themselves distortionary.
      This, as I say, is the mother of all no-brainers.
      But we can have no confidence that the Republicans will seize this opportunity. That’s because the Republican Party may no longer be a normal party. Over the past few years, it has been infected by a faction that is more of a psychological protest than a practical, governing alternative.
      The members of this movement do not accept the logic of compromise, no matter how sweet the terms.

  2. Nicholas C. Arguimbau says

    When wil people wake up? “Fail the American economy” has been the US government policy for the last decade. Why? Because in the day of “peak everything” the global economy is a zero sum game. The global corprations want access to the enormous Chinese cheap labor market, and to get it requires the growth of that economy at the expense of all others. It requires rapid foreign direct investment in China at the expense of the rest of the world. It requires fuel in a time of a crashing conventional-oil supply so that the investors in China can make it through the oil crash while the crash is deeper and more precipitous for everyone else. And that requires military intervention in the Middle East to secure oil and mineral reserves, which is precisely what China has managed through fomenting and financing the “US” intervvention. “China won the war” makes headlines in Afghanistan and Iraq, and is the reality, our “regime changes” having accomlished Chinese control of vast oil and mineral deposits, but is kept silent in the US.

    If you think all of that is far-fetched, then read the 4-part series, “The War – Did We Sacrifice A Million Lives And A $Trillion Cash Just To Hand Our Jobs To China?” http://www.countercurrents.org/arguimbau310111A.htm (URL for Part 3 with links to Parts 1, 2, and 4), which you will find to be thoroughly researched and, I hope, a “good read” and compelling..

    “Fail the American economy” is not just a sound byte, it is a reality. It has been the unsung policy of the Republican Party and all others who goose-step behind Wall Street, for at least a decade. But it won’t be any longer when the American people wake up to what has been done to them, unless they are too late.Hopefully when they wake up they will recognize that the earth and the Chinese people, like the American people, have been victims, and the Chinese government, like the US government, a pawn.

    Nick Arguimbau e-mail narguimbau@earthlink.net.

  3. Wanda says

    Try to destroy our economy? They’ve already done that. Democracy ensures that the people get the government they deserve. For the last 30 years or more Republcans have stated over and over again what they plan to do. Middle Class Americans who vote Republican are like Chickens for Col. Sanders.

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