Nobody in a position of authority in the U.S. Government seems to understand the threat to American institutions and ideals represented by the influence the financial industry now holds on our governing process. We are steamrolling towards a destabilizing division in our society where one interest group is running the nation to their own economic benefit. This, with total disregard for the pain and loss being endured by the silent majority on the main street of our towns and cities, neighborhoods and homes, and tenements of the inner cities.
Only two officials steadfastly stood in support of the general public’s welfare, in the face of policies blatantly preferential to the wealthy and the connected. One was Elizabeth Warren, who was prominent in creating the Consumer Financial Protection Bureau and Sheila Bair, the recently retired Chairman of the Federal Deposit Insurance Corporation.
Warren, the current leading candidate to become the Democratic contender who will challenge Scott Brown in Massachusetts, talks about the growing income inequality in a way that channels Occupy Wall Street and makes it palatable to a far wider audience of prospective voters.
Bair, a Bush Administration holdover, fought against the clubhouse conspiracy that had taken over the soul of the nation. We as citizens, no longer feel able, through our elected officials, to stem the influence, the systematic ‘Heads I win, Tails you lose” of our financial institutions and their growing impact on the functioning of our society, effectively touching upon our disillusion and anger.
American elites are engaged in a short-sighted strategy of destroying any possible bridge to a post-oil energy future to protect their status quo profits. I believe that this is a choice that could mark the end, not just of American dominance, but of American civilization.
While we have the illusion of choice in our politics, the only real consistency in policy-making is Washington’s commitment to war and oil, and increasingly often, war for oil. Libya was the oil dealer to Western Europe, but the market for oil is global. And oil is the prize, not democracy. This is why John McCain praised Ghaddaffi in 2009, for his peacemaking efforts, and yet applauded his death last week while managing to downplay President Obama’s role. It’s also why our military is increasingly extended across the world in oil-rich regions.
Therefore my plea to the new voice in the American landscape, in American politics, the newly huddled and outraged masses from all walks of American life, the ‘Occupy Wall Street’ protestors is this:
DRAFT SHEILA BAIR!
She may not know it yet, but the nation needs her, her persona, her values, her experience would be an enormously timely gift to all of us. And put your considerable new-found voice behind Elizabeth Warren and like-minded democrats to enforce Ms Blair’s financial policies.
Of course, this is all just pie-in-the-sky dreaming as the politics of oil, and oil in politics will continue to lead the U.S. down the road to financial and moral defeat. That is, unless OWS becomes focused in its message and grows as a source of commentary on the failure of both political parties in the U.S. to stem the tide of America’s dwindling relevance on the world stage and the financial inequities that are threatening to strangle the last good voice of the American middle-class electorate; thus effectively rendering the voice of the masses as irrelevant as the voices of the masses in other corrupt and untouchable governments.