Paul Craig Roberts in VDARE.com. Paul is an economist and was the Assistant Secretary of the Treasury in the Reagan Administration.
The US government is now so totally under the thumbs of organized interest groups that "our" government can no longer respond to the concerns of the American people who elect the president and the members of the House and Senate. Voters will vent their frustrations over their impotence on the president, which implies a future of one-term presidents. Soon our presidents will be as ineffective as Roman emperors in the final days of that empire.
Obama is already set on the course to a one-term presidency. He promised change, but has delivered none. His health care bill is held hostage by the private insurance companies seeking greater profits. The most likely outcome will be cuts in Medicare and Medicaid in order to help fund wars that enrich the military/security complex and the many companies created by privatizing services that the military once provided for itself at far lower costs. It would be interesting to know the percentage of the $700+ billion "defense" spending that goes to private companies. In American "capitalism," an amazing amount of taxpayers’ earnings go to private firms via the government. Yet, Republicans scream about "socializing" health care.
Republicans and Democrats saw opportunities to create new sources of campaign contributions by privatizing as many military functions as possible. There are now a large number of private companies that have never made a dollar in the market, feeding instead at the public trough that drains taxpayers of dollars while loading Americans with debt service obligations.
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