Wall Street WARZONE

“Kamikaze Capitalism:” Can GOP Destroy Obama? Without Destroying the American Economy Too? What a Dumb Plot: Capitalism Loses, China Wins!

by Paul B Farrell, JD, PhD
| Print | 1/11/2011

Foreign Policy’s journal is inspiring: Don’t miss their annual issue on “Failed States” listing the 25 worst dictators: “The Committee to Destroy the World.” Next, think domestic policy. Think of Mitch McConnell’s “Mission Impossible” vow to do anything, including kill our economic recovery for the next two years – anything to make Obama look bad, make him a one-term president. Call it “Kamikaze Capitalism!”

Go Mitch! You stir my cinematic imagination. Made it go into hyper-drive last week when your GOP team decided to defeat Reagan’s signature national security victory, the nuclear disarmament treaty with Russia. You guys sure have a bizarre suicidal idea of leadership and governing. Ol’ grumpy Mitch also led his GOP saboteurs in killing the unemployment benefits extension, while making an even more bizarre claim that billionaires “need” a $800 billion bailout (that’ll trickle down to unemployed Middle Americans?). Then he played his ace, calling the GM IPO a failure that should have been left to the bankruptcy courts, with more jobless millions. Yes folks, ol’ grumpy would definitely get on a domestic list like “The Committee to Destroy American Capitalism.”

Folks, this is the stuff of great movie plots. Not an Oliver Stone or Michael Moore film. No, this is a true Eastwood thriller. Think “Magnum Force,” Dirty Harry killing real bad guys. Better yet, “Absolute Power.” Imagine: What if McConnell’s GOP gets their wish? Game on. The hunt begins. The GOP tried once before under Bush. Now they want a new shot at that old adage: “Power corrupts, and absolute power corrupts absolutely.”

Eastwood brilliantly reveals why power corrupts. Why it blinds. Why it self-destructs. In “Absolute Power” we see an arrogant President convinced he’s untouchable, surrounded by Secret Service officers who will do anything to protect him, hide affairs, even murder. Until the unexpected, what economist Paul Krugman calls the “great unraveling.”

“Kamikaze Capitalism:” GOP stars in Eastwood “destroy the presidency” thriller?
Eastwood plays Luther Whitney, a small-time crook. Just wants enough from one last job, before retiring in the American Dream. His victim is out. But as luck would have it, the President, Gene Hackman, suddenly appears with the lady, upsetting Luther’s cleverly planned robbery. Luther hides in a secret room, a voyeur behind a one-way mirror. This President’s into kinky sex. But sadomasochism consumes him, he kills her.

Luther is what economists call a Black Swan, every thriller has them. Unpredictable events you never see coming, can’t plan for. They blindside you, taking a thriller into new dangers. Filmmakers love them. Tittilated, Luther watches the lurid sex, the murder, the cleanup by the Secret Service. They dispose of the body. But later, a new twist, they find evidence of Luther. Then frantic spinning, blaming a home invasion robbery gone bad. The hunt for Luther begins … and ends … absolute power corrupts absolutely … the presidency falls. Yes, Eastwood planned this … but McConnell can’t … no trick mirrors.

 …. read column on Marketwatch

1 Response to “Kamikaze Capitalism:” Can GOP Destroy Obama? Without Destroying the American Economy Too? What a Dumb Plot: Capitalism Loses, China Wins!
  • “Kamikaze Capitalism”: Can GOP Destroy Obama? Without Destroying the American Economy Too? at Gramercy Images News says:

    [...] “Kamikaze Capitalism:” Can GOP Destroy Obama? Without Destroying the American Economy Too? What … [...]

    Log in to Reply

Leave a Comment

You must be logged in to post a comment.