Brimming with hubris and
self-importance, the ruling Elite and mainstream media cannot believe they have
lost the consent of the governed.
Every ruling Elite needs the
consent of the governed: even autocracies, dictatorships and
corporatocracies ultimately rule with the consent, however grudging, of the
governed.
The American ruling Elite has
lost the consent of the governed. This reality is being
masked by the mainstream media, mouthpiece of the ruling class, which is
ceaselessly promoting two false narratives:
1. The "great
divide" in American politics is between left and right,
Democrat/Republican
2. The ruling Elite has
delivered "prosperity" not just to the privileged few but to the
unprivileged many they govern.
Both of these assertions are
false. The Great Divide in America is between the ruling Elite and the governed
that the Elite has stripmined. The ruling Elite is
privileged and protected, the governed are unprivileged and unprotected. That's
the divide that counts and the divide that is finally becoming visible to the
marginalized, unprivileged class of debt-serfs.
The "prosperity" of
the 21st century has flowed solely to the ruling Elite and its army of
technocrat toadies, factotums, flunkies, apparatchiks and apologists.The
Elite's army of technocrats and its media apologists have engineered and
promoted an endless spew of ginned-up phony statistics (the super-low
unemployment rate, etc.) to create the illusion of "growth" and
"prosperity" that benefit everyone rather than just the top 5%.
The media is 100% committed to
promoting these two false narratives because the jig is up once the bottom 95%
wake up to the reality that the ruling Elite has been stripmining them for
decades. As I have tirelessly explained, the U.S. economy is not
just neoliberal (the code word for maximizing
private gain by any means available, including theft, fraud, embezzlement,
political fixing, price-fixing, and so on)--it is neofeudal,
meaning that it is structurally an updated version of Medieval feudalism in
which a top layer of financial-political nobility owns the engines of wealth
and governs the marginalized debt-serfs who toil to pay student loans, auto
loans, credit cards, mortgages and taxes--all of which benefit the financiers
and political grifters.
The media is in a
self-referential frenzy to convince us the decision of the century is between
unrivaled political grifter Hillary Clinton and financier-cowboy Donald Trump. Both
belong to the privileged ruling Elite: both have access to cheap credit,
insider information (information asymmetry) and political influence.
The cold truth is the ruling
Elite has shredded the social contract by skimming the income/wealth of the
unprivileged. The fake-"progressive" pandering apologists of
the ruling Elite--Robert Reich, Paul Krugman and the rest of the Keynesian
Cargo Cultists--turn a blind eye to the suppression of dissent and the looting
the bottom 95% because they have cushy, protected positions as tenured faculty
(or equivalent).
They cheerlead for more
state-funded bread and circuses for the marginalized rather
than demand an end to exploitive privileges of the sort they
themselves enjoy.
Consider just three of the
unsustainably costly broken systems that enrich the privileged Elite by
stripmining the unprivileged: healthcare
(a.k.a. sickcarebecause sickness is profitable, prevention is unprofitable),
higher education and Imperial over-reach (the National Security State and its
partner the privately owned Military-Industrial Complex).
While the unprivileged and
unprotected watch their healthcare premiums and co-pays soar year after year,
the CEOs of various sickcare cartels skim off tens of millions of dollars
annually in pay and stock options.
The system works great if you
get a $20 million paycheck. If you get a 30% increase in monthly premiums for
fewer actual healthcare services--the system is broken.
If you're skimming $250,000
as under-assistant dean to the provost for student services (or equivalent)
plus gold-plated benefits, higher education is working great. If you're a
student burdened with tens of thousands of dollars in student loan debt who is
receiving a low-quality, essentially worthless "education" from
poorly paid graduate students ("adjuncts") and a handful of online
courses that you could get for free or for a low cost outside the university
cartel--the system is broken.
If you exit the Pentagon,
CIA, NSA, etc. at a cushy managerial rank with a fat pension and lifetime
benefits and are hired at a fat salary the next day by a private
"defense" contractor--the famous revolving door between a bloated
state and a bloated defense industry--the system works great. If you joined the
Armed Forces to escape rural poverty and served at the point of the spear
somewhere in the Imperial Project--your perspective may well be considerably
different.
Unfortunately for the ruling
Elite and their army of engorged enablers and apologists, they have already
lost the consent of the governed. They have bamboozled,
conned and misled the bottom 95% for decades, but their phony facade of
political legitimacy and "the rising tide raises all boats" has
cracked wide open, and the machinery of oppression, looting and propaganda is
now visible to everyone who isn't being paid to cover their eyes.
Brimming with hubris and
self-importance, the ruling Elite and mainstream media cannot believe they have
lost the consent of the governed. The disillusioned
governed have not fully absorbed this epochal shift of the tides yet, either.
They are aware of their own disillusionment and their own declining financial
security, but they have yet to grasp that they have, beneath the surface of
everyday life, already withdrawn their consent from a self-serving, predatory,
parasitic, greedy and ultimately self-destructive ruling Elite.
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