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Tax Cuts Are Theft

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This post originally appeared at Campaign for America's Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF.

Conservatives like to say that taxes are theft. In fact it is tax cuts that are theft because they break a long-standing contract.

The American Social Contract: We, the People built our democracy and the empowerment and protections it bestows. We built the infrastructure, schools and all of the public structures, laws, courts, monetary system, etc. that enable enterprise to prosper. That prosperity is the bounty of our democracy and by contract it is supposed to be shared and reinvested. That is the contract. Our system enables some people to become wealthy but all of us are supposed to benefit from this system. Why else would We, the People have set up this system, if not for the benefit of We, the People?

The American Social Contract is supposed to work like this:

virtual_cycle

A beneficial cycle: We invest in infrastructure and public structures that create the conditions for enterprise to form and prosper. We prepare the ground for business to thrive. When enterprise prospers we share the bounty, with good wages and benefits for the people who work in the businesses and taxes that provide for the general welfare and for reinvestment in the infrastructure and public structures that keep the system going.

We fought hard to develop this system and it worked for us. We, the People fought and built our government to empower and protect us providing social services for the general welfare. We, through our government built up infrastructure and public structures like courts, laws, schools, roads, bridges. That investment creates the conditions that enable commerce to prosper - the bounty of democracy. In return we ask those who benefit most from the enterprise we enabled to share the return on our investment with all of us - through good wages, benefits and taxes.

But the "Reagan Revolution" broke the contract. Since Reagan the system is working like this:

virtual_cycle_diverted

Since the Reagan Revolution with its tax cuts for the rich, its anti-government policies, and its deregulation of the big corporations ourdemocracy is increasingly defunded (and that was the plan), infrastructure is crumbling, our schools are falling behind, factories and supply chains are being dismantled, those still at work are working longer hours for fewer benefits and falling wages, our pensions are gone, wealth and income are increasing concentrating at the very top, our country is declining.

This is the Reagan Revolution home to roost: the social contract is broken. Instead of providing good wages and benefits and paying taxes to provide for the general welfare and reinvestment in infrastructure and public structures, the bounty of our democracy is being diverted to a wealthy few.

We, the People built this country's prosperity and this built wealth. We reinvested that wealth, building the world's most competitive economy. Now a few people are gaming the system and breaking the formula, taking for themselves vast riches, leaving the rest of us to clean up the mess.

We must recognize and understand these tax cuts for what they are. They are a broken contract. These tax cuts for the wealthy are theft. And we must recognize the Reagan Revolution for what it has cost us. Our democracy has been corrupted and our political system has been captured. A wealthy few are taking all of the benefits of our efforts for themselves. The lack of investment in infrastructure, courts, schools and other public structures is making our country less competitive in the world. The Reagan Revolution is stealing our future.

Other posts in the Reagan Revolution Home To Roost series:

Reagan Revolution Home To Roost -- In Charts
Reagan Revolution Home To Roost: America Drowning In Debt
Reagan Revolution Home To Roost: America Is Crumbling
Finance, Mine, Oil & Debt Disasters: THIS Is Deregulation


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The latest poll shows that Arnold Schwarzenegger now holds the embarassing distinction of having the same 22% favorability rate as Gray Davis had when Davis became the first Governor in modern-day California to be recalled by an angry electorate.
 
Of course the public is angry again and for good reason: we're at a 12.3% unemployment rate; we have one of the highest foreclosure rates in the country; the Republicans in the legislature continue to demand that we cut the taxes of fat-cat corporations and the well-heeled oil industry and yet demand more from hard-working Californians, while providing us with less.
 
We're looking at a billionaire who thinks she's Queen and thinks she's equipped to "govern" the state. This is the same person who failed to vote for two decades and has, during this campaign, done more flip-flops than Arnold can do push-ups.
 
We've got a $19.3 Billion deficit that can't be filled by getting rid of "fraud, waste and abuse" because  there isn't enough "fraud waste and abuse" to fill a thimble of the state's deficit. E-Meg wants us to think that, because she presided over a very successful business we should elect her to run the state of California. But increasing profits isn't what a state government is supposed to do.  The goal of business is profit. We all know that---and if not, just check out Goldman-Sachs which says by making all this money, it's doing "the lords work." The role of government is to provide for its people. If we can tighten our belts and give more services for the dollar, that's great, but the way to judge the success of government is by how well we educate our children, how well we protect our communities and how well we plan and build for the future.
 
There is no question that Queen Meg is not equipped or prepared to govern our state. That being said, the problem goes well beyond who we decide to have at the controls of the train. The problem is rather the train itself and the tracks upon which it rides
 
George Skelton observes in the L.A. Times that the problems we are facing don't totally fall at the feet of the governor---although there is plenty of blame to go around on that score. The problem is an obvious one: California's system of governance is a mess. It doesn't work because it is a hodgepodge of stops and starts that don't mesh, don't allow majority rule and don't really require that anyone take responsibility for what they're doing in Sacramento. Applying the train analogy, we've got old and different kinds of rails to ride upon that don't go in a straight line, aren't even the same and dead-end all along the route.
 
I'm no fan of Queen Meg, Meg Whitless, or whatever other cute and probably accurate nicknames are out there which describe her cluelessness and imperial notion of governance. She is clearly unqualified to try to govern the largest state in the nation. But even if she were qualified, had voted over the last 20plus years (which horrorfyingly she has not), the state is simply ungovernable in its present configuration. Period.
 
Those who have studied or have any experience with state government know that it has been immobilized by several initiatives. Each of them may have had, in their day, a well-intended purpose, but put together they create an alphabet soup of dysfunction. They bump into each other, force the train to stop and turn circles when the train should be moving forward.
 
What is interesting is that no one knows this better than Jerry Brown. Perhaps that is why he's speaking more in global concepts than popular but empty promises of cleaning up government or as our now very unpopular governor was accustomed to saying before he became such, "I'm going to blow up the boxes."  Hmmmmm.
 
Let's be clear on what the problems are and not what the right-wing spin machines have so effectively, albeit dishonestly claimed to be the reasons for our state's deteriorating quality-of-life:
 
1- We have a revenue problem. It was created by so-called "free market" policies promoted by the Republicans and epitomized by the Bush Administration's deregulation of just about everything---from the banks and financial institutions (the Goldman-Sachs syndrome) to the de facto deregulation of the oil industry (thanks to MMS's cozy relationship with the oilies) to giving additional tax-breaks here in California to big monopolies that promised and delivered absolutely nothing in exchange. We have reduced taxes on the wealthiest among us and refused to create a more level-playing field for our young people who ask only the same opportunities that the prior generations had to work hard and live the California Dream.
 
2- We're both the most and least democratic state in the country. We require a 2/3 vote of the legislature to pass a budget and a 2/3 vote to increase taxes. No other state does this; no other state is chronically late in getting their fiscal house in order every year. At the same time, we have given the people greater access to direct democracy than most other states through the creation of the initiative and referendum process. (See number 4 below)
 
3- Term-limits means we expect the least-experienced people to run the most diverse and complex state in the country. We are running the 8th largest economy in the world with inexperienced, short-term leaders. Term limits has been a disaster for good government. Ask Dems and Reps alike (at least those Reps who care about government and making sure it works, whether they think it should come in Extra Large or Small). We foolishly think that we're punishing the politicians by limiting the length of time they can serve. In fact, what we're doing is short-changing ourselves.
 
4- Money, not the people, are controlling public policy. The unique system of direct democracy has given way to big businesses buying their way onto the ballot. Just ask why was there a constitutional amendment on the ballot which would have given PG&E greater monopolistic control than it already has in its service areas (which represent the majority of the state)?

Who are these people who are now challenging the bipartisan global warming measure that will open up California as the leader---in jobs and technology for creation of an alternative energy industry to lead the country and world away from dirty, dangerous fossil fuels? They are four major TEXAS-BASED OIL companies. It is clear that when Hiram Johnson proposed the initiative as a way to insure that the people would be able to trump the power of the railroads (that were controlling the legislature in the early 1900's), the last thing he dreamed would be that those same greed-driven, monopolistic entities would be taking control of the state yet again,buying their way onto the ballot and then spending millions to mislead the public as to their intentions.
 
Of course, adding to the corporate take-over of democracy, both in California and the nation is the outrageous U.S. Supreme Court decision in Citizens United. In one fell swoop, this biased, "free-market" cabal has all but assured right-wing monopolies will control the future of elections and electoral politics for years to come.
 
All that being said, there is one thing that is clear: If we want to get California back on track, we certainly don't want the party of NO to be in charge. We've seen what they've done nationally---and what kind of pollution, dysfunction and economic destruction they bring when we give them the power to do so. Look no farther than the Gulf of Mexico and Wall Street for starters. The right-wing that has taken over a once moderate, but business-leaning party, hates government (unless they're running it) and doesn't care if they take the state or country down with them as long as they regain control. That's not democracy and that's not what we, the people, are entitled to receive. 
 
We need to fix the system and thus the train tracks before we expect to turn this train around. Unless and until we do that, we're going to see our beloved California continue its journey into the abyss and wonder why it happened.
 
This crisis is well-beyond any individual candidate and any single election. We've got to wake up to the mess that has befallen the rules of government in California. We, the people, want and deserve good schools, good roads, clean air and water, safe streets and economic opportunity. Until we straighten out how we run this state, we're not going to get what we need for a brighter tomorrow. Time is running out.
 

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While California takes the summer off, the wealthy use their extraordinary wealth to undermine the state's future.

While grills all over California are still smoldering under the weight of July 4th hot dogs, burgers and maybe a veggie-burger or two, those with unlimited resources (and who most likely grilled steaks instead), continue their barrage on the senses of Golden State residents.

With all that money, there's no need to respect the notion that these are the "dog days" of summer, when those lucky enough to have jobs try to sneak in a restful vacation or two with their families and friends and those who are out-of-work try to find some, or if not at least find solace in the fact that summer tends to be slow in the work-place anyway. But for E-Meg and the big oil companies, this is no time to let the rest of us relax.

With four major Texas-based oil companies putting in the few millions necessary to qualify Prop. 23 on the ballot, we can expect a summer filled with more lies and misinformation about what AB 32, the law that will move us to develop an alternative energy economy, is going to do to the state. To the oilies, it represents a commitment to move from their dirty, fossil-based fuel driven economy to something more sustainable and protective of the environment (you can include the ocean in that, as we continue to watch in horror as the Gulf of Mexico absorbs millions of gallons of the dirty, toxic and deathly gunk every day).

Of course, what's not to like in that idea? Well, the claim (made without any justification or factual data to support it---but what else is new?) is that it will raise the price of oil and be a drag on our state's already suffering economy. You know, another "job-killer" bill.

For thinking people, this reasoning is pure nonsense. Fortunately, according to a new poll that came out today, most Californians reject this nonsense and realize forcing us to move to renewable energy resources could and would put California right in the middle of a changing, vibrant and profitable new energy economy. For more information on the report, check out Cal Buzz here.

And then there's E-Meg, the multi-billionaire who wants to buy the Governorship on her way to trying to buy the Presidency of the United States. Now, while I'm all for women aspiring and reaching the highest office in the land, (and I am, indeed), E-Meg has no experience and up until fairly recently no interest in government or its workings. But that's the least of it. For those of us who have been in both public service and private enterprise, there is one thing that is clear. One is analog and the other digital. You can't run business like and government and you can't run government like a business. Why? Because the purpose of business is profit. The purpose of government is to provide for the public good.

We saw that up close and personal with Ahnold. He came in as an "outsider" with a great story of financial success (even as a mediocre actor, but that's for another day). No one can argue that Meg has had enormous success as well (even though much of it is integrally linked to her relationship with Goldman Sachs). And no one can argue that she's put together an extraordinary political campaign machine--probably the best that $90 million (and counting every minute) can buy. She's got the sound-bites down, controls her press conferences with impressive precision and has well-choreographed ads up on all the right stations and programs, etc. She has attacked her opponent with great gusto and creativity----unfazed by the fact that most of her criticisms are totally distorted, if not downright lies. We know, however, that she will stop at nothing to make her case---just look at the way she ran to the far-right to beat Steve Poizner in the primary.

It will be interesting to see her race back to the "middle", which she is already trying to do with the Latino community. She's spent a small fortune so far buying time on Spanish-speaking media trying to convince this population that she's supportive, even though the hated former-governor Pete Wilson (Mr. Prop.118) was (and still is?) her campaign chairman.

Her politics aside, the problem is: With all her money and clever advertising and posturing, she doesn't have a clue how to GOVERN. We do know she knows how to bully---as illustrated by a small incident that only cost her a couple hundred-thousand dollars. Just chump change for her. Just wait til she's in Sacramento if she wins. What's she going to do--challenge the legislature to a shoving match? Challenge the cities and counties and public safety groups and public interest groups to a duel?

Governing calls for compromise, for respect for the other branches of government. It calls for thoughtful discussion. This is not a monarchy where the richest get to tell everyone else what to do-and how to think. No sound-bite in the world is going to suddenly move everything in your direction in a democracy. Willing it to be doesn't make it happen. Governing is an intricate, subtle, and wisdom driven calling. If you don't have the skills and experience, you're going to flop. And the last thing this state needs at this point is another inexperienced, arrogant, unprepared rich person who has no idea what they're doing. Just look at the present governor if you have any doubts.


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This post originally appeared at Campaign for America's Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF.

People want the President to exert leadership to turn things around.

The oil leak. Unemployment. Credit card scams. Foreclosures. Predatory corporations. Environmental destruction. Global warming. Roads and bridges crumbling. Incomes stagnant. Schools getting worse. Companies moving overseas. Problem after problem.

People want to know, "Why doesn't the government push BP aside and take over?" The answer is, "Government doesn't have the resources to stop it."

People want to know why the government can't do more to help unemployed people, help with health care, help provide good educations, help with college, maintain the infrastructure, and all the other things that government does.

The answer, these days, is always, "Government doesn't have the resources." And that, in a nutshell, was exactly the plan.

We, the People no longer have the resources to solve our problems. We now must depend on and defer to the corporations and the wealthy few to make the important decisions and get things done instead of being able to decide and do on our own.

This is the legacy of 30 years of conservatism. They called it "starving the beast." Reagan called it "cutting their allowance." President Bush, told that his policies had turned the country back to massive deficits, said this was, "Incredibly positive news'' because it will create "a fiscal straitjacket for Congress." He came into office with a $236 billion surplus. His last budget left us with a $1.4 trillion deficit. "Incredibly positive news."

They disemboweled the regulatory agencies. They "privatized" government functions and resources, letting a well-connected few profit at the expense of the rest of us.

The Reagan deficit plan was right there for everyone to see: 


    Step 1: Cut taxes to "cut the allowance" of government so that it can't function on the side of We, the People. Intentionally force the government into greater and greater debt.

    Step 2: Use the debt as a reason to cut the things government does for We, the People. When the resulting deficits pile up scare people that the government is "going bankrupt" so they'll let you sell off the people's assets and "privatize" the functions of government. Of course, insist that putting taxes back where they were will "harm the economy."

    Step 3: Blame liberals for the disastrous effects of spending cutbacks.

And here we are. Every time you hear someone say that we have to fight the deficit instead of getting things done that We, the People need done you are witnessing The Plan in action.

And now, government doesn't have the resources to stop it.


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Roy Ulrich of the California Tax Reform Association and Richard Holober of the Consumer Federation of California have written an important op-ed on the need to restore the Fairness Doctrine. They argue that the unlimited funds that big corporations can throw at California's ballot initiatives -- props 16 (the "PGE Initiative") and 17 (the "Mercury Insurance Initiative") in particular -- are stifling the ability of opponents of these measures to be heard. From their op-ed,titled California Needs The FCC To Restore The Fairness Doctrine,

Neither was able to get the legislature to do their bidding, so they hired political consultants, paid millions of dollars to gather signatures, and proceeded to put these self-serving measures on the ballot. Now, they are flooding the airwaves with well-crafted bunk. ... a core principle of the First Amendment's guarantee of free speech is the ventilation and airing of opposing points of view. There can be little doubt that the effect of broadcasters' refusal to provide under-funded campaigns free response time since the repeal of the Fairness Doctrine for ballot measures in 1992 has been to increase the amount of one-sided information voters receive before entering the voting booth. This is hardly the kind of open and free debate the framers of our Constitution had in mind when they wrote the First Amendment.
It is time to restore the Fairness Doctrine so the non-wealthy can reach the public too.

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This post originally appeared at Campaign for America's Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF.

A return to Eisenhower-era 90% top tax rates helps fix our economy in several ways:

1) It makes it take longer to end up with a fortune. In fact it makes peoplebuild and earn a fortune, instead of shooting for quick windfalls. This forces long-term thinking and planning instead of short-term scheming and scamming. If grabbing everything in sight and running doesn't pay off anymore, you have to change your strategy.

2) It gets rid of the quick-buck-scheme business model. Making people take a longer-term approach to building rather than grabbing a fortune will help reattach businesses to communities by reinforcing interdependence between businesses and their surrounding communities. When it takes owners and executives years to build up a fortune they need solid companies that are around for a long time. This requires the surrounding public infrastructure of roads, schools, police, fire, courts, etc., to be in good shape to provide long-term support for the enterprise. You also want your company to build a solid reputation for serving its customers rather than cheapening the product, pursuing quick-buck scams, cutting customer service, etc. The current Wall Street/private equity business model oflooting companies, leaving behind an empty shell, unemployed workers anda surrounding community in devastation will no longer be a viable business strategy.


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Many of us have wondered what conservatives mean by terms like "big government" and "freedom." Today the vice chairman of the California Republican Party gives us a hint. In Constitution guarantees freedom, not a cushy life, published in the Rev. Moon's Washington Times (do Christians know he's writing there?), Thomas G. Del Beccaro writes,
   
Today, politicians literally speak of the "rights" of people as they attempt to guarantee a certain standard of living for their constituent-subjects. Of course, most recently, the federal government took on the role of guaranteeing that Americans had a minimum standard of health care because, to the government, it was a right - however unenumerated. 
Now, it would be one thing if a government could actually guarantee such standards of living, but it cannot. After all, before the Great Society was enacted to take on the War on Poverty, the government-measured poverty rate was 14 percent.The pre-Great Society federal budget was less than $130 billion.Since then, we have spent tens of trillions of dollars in good intentions and have a nearly $4 trillion budget, yet the poverty rate remains virtually the same 14 percent. 
 In the process, of course, we have diminished freedoms immeasurably - whether by forcing people to pay for those trillions or by being forced to be subject to government rules....
So "big government" means more rights for Americans, like the right to health care. And by "freedom" he means not being "forced" to help out other Americans. (Of course, the poverty rate was much lower before conservatives took over the government a few years back...) 

Conservatives opposed civil rights for women, minorities, and now gay people. They opposed and fought to the last against Social Security, Medicare, unions, public schools, libraries, parks, worker safety rules, food safety riles, consumer safety rules, bank regulation, even public health programs. These are the "cushy life" big-government programs he complains about. And by "freedom" he means not pitching in to pay for things like roads, bridges, education. 

Government is We, the People watching out for, empowering and protecting each other. It means WE make the decisions and "big government" means WE make decisions that help US. Think of the alternative to We, the People making the decisions and you will realize what opponents of government are pushing for. 

 Apparently conservatives want us all to be disposable economic units with no value beyond what we are able to consume and how much money we make for the wealthy few.

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This guest post is by Natasha Chart of Campaign for America's Future.  The post first appeared at the Blog For OurFuture.

Thanks to $24 million in stimulus funding, Solar Power, Inc., a company that manufactures solar panels in China to install in the US is exploring opening a solar panel manufacturing plant in Sacramento, CA, to go along with a 10 megawatt solar power installation in the area.

There are no timelines for the projects, but Solar Power chairman and CEO, Steve Kircher seems optimistic. In a press release, he said, "Expanding our manufacturing base to California will significantly enhance our ability to meet growing demand for our solar system development expertise and our top-ranked solar panels across the U.S."

While it's great to get results like this from the stimulus, passing a clean energy bill at the federal level, for all the inherent problems, would create a lot more of the same. I expect that in the long run, the expansion of investments in clean energy will be more useful for reducing carbon emissions than many other, more direct attempts to regulate carbon. The reason I think that is because it will begin creating positive incentives that tie people's livelihoods to the clean energy economy, which is a much-needed shift in the political dynamic that will ease the way towards necessary future reforms.

As David Roberts continues to point out so lucidly, shifting behavior and understanding incentives is probably the most important task of building a clean energy economy.

Fortunately, Rep. Ed Markey (D-MA), chairman of the Select Committee on Energy Independence and Global Warming, seems to be of a roughly overlapping opinion about the importance of the job incentive:

... Similarly, in the energy sector we need to retool the existing generation and distribution networks with cleaner forms of generation, open markets to innovators who will build power lines that lose fewer electrons and connect new sources of clean power to users, and reward investors for installing more efficient ways of using electricity. Creating the right framework for our communications networks led investors to commit about $850 billion to rebuild those networks. With the right set of policies, it is reasonable expect a similar explosion of private sector investment in the energy sector. This will result in consumers paying less for heating, cooling and lighting, and America's energy sector will be firmly based on abundant, cheap and clean fuels. Nothing will pull innovation into the energy sector more than wind farms demanding better storage technology, solar farms demanding better ways of capturing and converting sunlight into electricity, and appliances and electric vehicles that can talk to the grid if it is smart enough.

There are other areas of the economy where Americans can and should find new jobs. In the energy sector we not only will need millions of employees, but we also know that those millions will help us achieve independence from foreign oil and an end to the pollution of the environment from carbon emissions. The trifecta of huge employment, national security, and protection of the environment is a winning ticket for America. ...

And by "America", Markey thankfully seems to mean all the Americans who need jobs, and a lot more jobs, quickly, because young and older, most people have to work for a living and don't care how the stock market is doing.

So, more like this, please.


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This appeared first at Open Left, but I wonder if it applies to California as well? Is it already too late for California?  Have the conservatives done so much damage that the state is just bankrupt and ungovernable?

When you sell the farm, the farm's gone.

Is it already too late for America?  I'm starting to think that the anti-tax, anti-government conservative movement that started in the mid-70s, elected Reagan and led to the terrible Bush Presidency may have effectively destroyed the country, leaving it bankrupt, corrupt,ungovernable, ruled by a wealthy elite -- and we're only now just starting to realize it.   To cover tax cuts we stopped maintaining the infrastructure and started borrowing.  To satisfy their  hatred of government we increasingly stripped away rule of law, regulation, and belief in one-person-one-vote.  We are seeing the consequences of all of that coming back to roost now.

Reagan left us with massive debt and ever-increasing interest payments. Bush left us with $1.3 trillion deficits and a destroyed economy that would force further increases in the borrowing for years - to be blamed on Obama.  The "free marketers" gave away our manufacturing base that will take decades and massive capital investment to recover.  Obama can try, but it may just be too late to do anything about the borrowing.  We need massive investment in jobs and infrastructure, and a national economic/industrial plan.  But, with their own Reagan/Bush debt as ammunition, conservative ideologues continue to block every effort at investment to get out of the mess we are in.

The conservatives destroyed the regulatory structure of the government.  They removed the inspectors, administrators, regulators and replaced them with corrupt cronies.

The conservatives killed off, contracted out or sold off - "privatized" - so much of our in-common resources and heritage of public structures.  Water systems, oil and mineral leases, government functions, elements of the military, etc.

The conservatives destroyed the rule of law, leaving behind public perception of rule by cronyism, favoritism and mob.

The conservatives destroyed public understanding of democracy, leaving behind a one-dollar-one-vote system that their Supreme Court just formalized, along with a corporate media that works to keep people uninformed.  And to make matters worse, now the telecoms can argue before Federalist Society judges that their "speech rights" are violated by rules making them carry labor and progressive websites over the internet lines they control.  And forget about the idea of them ever letting anti-corporate-rule candidates raise money on "their" internet.

I hate to reference Friedman but this from last week has been sticking in my mind.  He says the world is looking at the mess in the US and is turning away from democracy as a result.

[Foreigners] look at America and see a president elected by a solid majority, coming into office riding a wave of optimism, controlling both the House and the Senate. Yet, a year later, he can't win passage of his top legislative priority: health care.

"Our two-party political system is broken just when everything needs major repair, not minor repair," said ... who is attending the forum. "I am talking about health care, infrastructure, education, energy. We are the ones who need a Marshall Plan now."

Indeed, speaking of phrases I've never heard here before, another goes like this: "Is the 'Beijing Consensus' replacing the 'Washington Consensus?' " Washington Consensus is a term coined after the cold war for the free-market, pro-trade and globalization policies promoted by America. ... developing countries everywhere are looking "for a recipe for faster growth and greater stability than that offered by the now tattered 'Washington Consensus' of open markets, floating currencies and free elections." And as they do, "there is growing talk about a 'Beijing Consensus.' "

The Beijing Consensus, ... is a "Confucian-Communist-Capitalist" hybrid under the umbrella of a one-party state, with a lot of government guidance, strictly controlled capital markets and an authoritarian decision-making process that is capable of making tough choices and long-term investments, without having to heed daily public polls.


It is too late to recover?  

Accountability is a first step.  If the current administration would hold the corrupt actors accountable, maybe we could begin to restore governance.  And the public would know who to blame for what has happened to us, enabling them to support policies that will get us out of this.  But so far they won't.  If they won't even investigate torture and illegally invading a country why should we expect any accountability for the financial collapse, corrupt government contracts, bribery, embezzlement, corruption and other crimes of the Bush era?

More equitable distribution of the fruits of our economy is another step.  Our system worked so much better back when the top tax rate was 90%.  The returns from our investment in infrastructure were more widely shared.  And back when it took many years to build a fortune businesses had an interdependence with their communities.  Executives needed the schools and roads and other public structures functioning well. They needed long-range business and community planning.  But just imagine trying to do something about the concentration of wealth today.

So where do we go from here.  Is democracy over?  Is rule of law a thing of the past?  Is predatory monopoly control by the largest corporations the way things are and will be?  Does the world now move to governance by a wealthy elite?

Or is the winter and the rain and the snow just getting to me?

What are your thoughts?


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Voters in Oregon passed tax increases on corporations and the wealthy.  This was in spite of well-funded corporate campaigns against the measures.

Measure 66 raises tax rates on individuals who earn more than $125,000 and couples with incomes greater than $250,000. Measure 67 increases business taxes. Fifty-four percent of voters had approved both measures with more than 80 percent of the vote counted late Tuesday.

At Calitics Robert Cruichshank writes, Oregon Voters Deliver Game-Changing Victory,

The opposition ran a well-funded campaign, led by Nike, Columbia Sportswear, and other big businesses. They were joined by Ari Fleischer's FreedomWorks and the libertarian publisher of the Oregonian, who used to be at the Orange County Register before it went belly-up. Together they ran a campaign arguing that the tax increases would worsen unemployment. But 55% of voters have rejected that, and instead showed that when a truly progressive campaign is waged, the right-wingers can be beaten. Even on taxes.

... Their message was deeply progressive:
These reforms protect nearly $1 billion in vital services like education, health care and public safety. These funds preserve class sizes, save jobs for teachers, provide seniors with in-home care, and provide health care for thousands of Oregonians through the Oregon Health Plan. In this time of economic crisis, we must protect those who have been hit the hardest - seniors, children and the unemployed - without putting more of a burden on the middle class.


It's a message that works nationally. And it's a message that'll work here in California. Voters don't like seeing their neighborhood schools close, or mass layoffs of teachers, or ending care for the disabled, or kicking kids off of health care. They don't want it, and are willing to raise taxes to prevent it.

The important lesson to learn is that the public wants government: good schools and roads and courts and police and fire protection.  And the public understands that building solid public structures is the key investment in future prosperity.

California leaders can now feel free to lead and understand that the public is behind them if they raise taxes on the wealthy and corporations in order to find needed state government programs.

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