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posted on 18 March 2016

The Implosion Of Crony Capitalism Politics

by Charles Hugh Smith, Of Two Minds

Anyone who thinks the Democratic Party isn't imploding for the exact same reasons the Republican party is imploding is purposefully ignoring reality.

crony.capitalism.table.380x200

Legions of pundits are crawling out of the woodwork to gloat over the implosion of the Republican Party. Corrupt, crony-capitalist, Imperial over-reach--good riddance.

But far fewer pundits dare declare that the other corrupt, crony-capitalist party of Imperial over-reach--yes, the Democratic Party--is imploding, too, for the same reason: it too is rotten to the core and exists solely to protect the privileges of the few at the expense of the many.

Democrats need to ask themselves: if Hillary Clinton is the shining epitome of what the Democratic Party stands for and represents, then what does the Democratic party stand for other than corruption, greed, pay-to-play, Imperial over-reach, elites who are above the law, and a permanent war state overseen by a corporatocracy bent on protecting the unearned privileges of the few at the expense of the many?

Two Clintons. 41 years. $3 Billion.

How about the Clintons' $153 million in speaking fees? Just good ole democracy in action?

How about Hillary's "super-delegates"--you know, the delegate system that makes the old Soviet Politburo look democratic by comparison. Hillary has rigged the media coverage, a fact that is painfully obvious to anyone who is non-partisan. The New York Times, for example, couldn't wait to announce in blaring headlines that Hillary regains the momentum after she rigged a couple-hundred vote caucus in Nevada--and barely won that.

The mainstream media fell all over themselves to declare Hillary the clear winner in the Michigan debate, and were delighted to run story after story of Hillary's commanding 21-point lead-- all designed, of course, to discourage Sanders supporters from even going to the polls.

It was obvious to non-partisan observers that Sanders won the debate--no question. And he went on to trounce Clinton despite her "commanding 21-point lead", which was quickly finessed away by a servile corporate media.

How many pundits are commenting on the fact that Democratic voters are staying away in droves? Or that--according to one zany poll--venereal disease is more popular than Hillary among young quasi-Democratic voters?

Every American knows the system is rigged to guarantee the skim of the protected classes. Insider Peggy Noonan recently penned an essay calling out theprotected class, which can only be protected by stripmining the unprotected: Trump and the Rise of the Unprotected.

The only difference between the two parties' protected class is the Democrats protect public union employees from any market or fiscal realities, until their unaffordable pay and health/pension benefits bankrupt local governments. At that point, the party bosses will come crying to Washington, D.C. to bail out benefit and payroll costs that were never fiscally viable in the first place.

The protected classes love the Status Quo, because it exists to protect their privileges. The unprotected classes loathe the Status Quo for the same reason.

Anyone who thinks the Democratic Party isn't imploding for the exact same reasons the Republican party is imploding is purposefully ignoring reality--a reality that threaten the protected classes' lock on wealth and power.

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