To any objective observer, the consensus that exists between Barack Obama and Mitt Romney on the fundamental issues of war and peace, Wall Street’s dominance of American life, and fiscal austerity, has been made crystal clear in the two “debates.” In the absence of effective popular resistance to the duopoly of money, the economic and social crisis fails to create a corresponding political crisis for the rulers. As a result, there is nothing important for them to debate.
“There is consensus within the duopoly that austerity must be the watchword – despite the Occupy Movement.”
The two titans of America’s finance capitalist duopoly clashed – leaving behind a dull fart. It was as if the town hall at Long Island’s Hofstra University was hermetically sealed against the raging realities of a world and nation in systemic crisis. For 90 minutes, not one useful fact or thought was allowed to enter or escape.
This is what happens when the terminal decline of the old order is not met by effective resistance from those who suffer under its dead weight. What to do about a jobs crisis that has left millions permanently unemployed from effects of the last two recessions? Apply additional corporate “incentives” to boost investment (Obama) or a thicker layer of laissez fair (Romney). And, by all means, extract more energy (Obama and Romney) from the exhausted environment, as if lack of fuel is what has stalled the engines of late capitalism. But do not, under any circumstances, question the inherent right of bankers (a.k.a. “markets”) to dominate every aspect of economic and political life.
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