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The end of American greed?
Related to country: United States

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By CHARLES R. LARSON:



If you’ve been attempting to make sense of the American presidential campaign, you are not alone. Weird, unbelievable, out of control -- these are terms that clearly apply to the nastiest election the country has ever encountered.

Let me assure you, however, that many Americans are just as incredulous at the ugly turn of recent events that once again demonstrate that the United States has lost its moral compass. Sept. 11 was an attack from outside. The current economic chaos (with serious ramifications for the entire world) we brought upon ourselves -- or at least the Republican establishment inflicted it upon the entire country. And now the politics of distortion have become the logical extension of the perpetrators’ attempts to cover up their self-serving mistakes.

No question about it: Many Americans -- most, no doubt -- are angry about the recent turn of events, angrier than they have ever been. George Bush has shown no leadership for the past two years. Even before that, he treated the presidency as a hobby, something he could dabble in occasionally. While he ignored the issues, his neoconservative orchestrators trashed the country, gutting every government regulatory agency so that no oversight could be enforced. It’s taken years for most Americans -- who pay little attention to politics until there is a crisis -- to understand this.

When gasoline became more expensive this past summer and Americans thought they were paying too much money to fill up their gas-guzzling vehicles, many Americans began to ask what was wrong. Most people around the world can only laugh at us, since the United States still has cheaper energy than virtually every other developed country. But in too many people’s minds that cheapness became a right also, as the Bush/Cheney administration did everything possible to solidify the country’s addiction to fossil fuels.

Then after high gasoline prices, the economic collapse arrived. Once again, too many Americans have been surprised, surprised because they were not paying attention. After Sept. 11, Bush told Americans to go shopping, that is, spend more money to help support American consumerism. No plea for sacrifice, no suggestion that Americans should do anything than go further into debt. After all, if the government doesn’t need to balance its budget, why should individuals?

Thus, millions of Americans once again assumed it was their God-given right to spend, spend, spend with no concern for the future. Take out a mortgage you can’t afford. That practice was largely created by banks and mortgage companies, not simply by Wall Street (the current scapegoat), but also by Alan Greenspan’s cheerleading for ill-conceived neoconservative economic policies.

Everything backfired in spite of the wisdom of a few worried economists, like Paul Krugman, who was awarded the Nobel Prize for economics this past week. But the problem is that Krugman writes for The New York Times, and conservatives in the Bush administration do not read that newspaper, or anything that might contradict their own jaundiced view of getting rich. Naomi Klein, another critic of the Bush administration, explains the issue differently: Every time there is a crisis in America, Bush’s pals make more money.

Finally, people are angry. In one sense, that’s good, since it tells us that more and more Americans are finally waking up. But wake-up calls in America always happen after the fact. Once the tragedy has occurred (Sept. 11, Katrina and our current economic debacle) the government uses more Band-Aids to try to patch up a problem that might have been prevented (or at least muted) if avarice hadn’t taken over in the first place. Sadly, plenty of people who saved money, didn’t go into debt and didn’t take subprime mortgages will also have to pay for the excesses of the few in power who created the house of cards that has now collapsed.

Worse, the diehard few who still support Republican jingoism are willing to fight to the end. Thus, the John McCain/Sarah Palin campaign has brought out the worst in the remaining right-wing xenophobes, agitating them even further by employing racial slurs and outright lies that even Joseph Goebbels wouldn’t have used. The angry crowds at the McCain rallies have become so dangerous that few doubt a lynching would take place were the situation possible.

There are decent Americans -- millions of them, waiting to exhale, waiting for the current political campaign to reach an end. The optimist in me says that things will turn out all right, that Barack Obama will win; the pessimist says that things will get worse and we’ll find two utterly unqualified people in charge of our country.

Assuming the former, then the biggest reconstruction in the history of the country will need to begin. If it’s the latter, then even rational Americans may take to the streets.


todayszaman
--------------------------------------------------------------------------------
*Charles R. Larson is professor of literature at the American University in Washington, D.C.


21 October 2008

October 20, 2008 | 11:41 PM Comments  0 comments

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