Roger Ebert, Opinion, The Chicago Sun-Times:
The Tea Party and the Wall Street demonstrators share the same conviction: They are the victims of theft by powerful institutions. The Tea Party blames government taxation. The demonstrators blame corruption in the financial industry.
The concern about taxation is perplexing, since U.S. tax rates are at a historic low. Indeed, there seems little chance that we can ever begin to pay off the American deficit without raising taxes. Many millionaires, led by Warren Buffet, have volunteered to pay higher taxes.
In the face of such practices, which take money from the pockets of most American, the Tea Party calls for corporate tax rates to be slashed. There is a belief that the richer the rich are, the richer we will all be. One source of financial backing for the Tea Party and its candidates for public office are the billionaire Koch Brothers, who were recently charged with malfeasance, fraud, and illegal sales to Iran.
The Wall Street demonstrators seem to have no particular source of financial support; at this point early in its development it is a genuine grass roots movement that seems to be spreading spontaneously. It's evident that both Tea Party members and Wall Street Occupiers are driven by outrage against a system they see aligned against them. The difference is that the Party's energy, ironically, is aligned against the best interests of its members. This is yet another example of how the right and its Fox News spokesmen create a mythical reality serving the interests of its political allies.
The two party system is broken, Ralph Nader has been telling us for years. Yet his disastrous attempts at forming third parties have resulted mostly in damage to his own cause. Now what we are seeing, I believe, is the formation of two New Parties within the shells of the Old.
Continue reading here.
Wednesday, October 12, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.