The Massachusetts Senate Race: A Populist Protest Vote Against Wall Street Puppets

Webster G. Tarpley
www.tarpley.net
January 19, 2010

Washington DC, January 19, 2010 — Today’s stunning defeat of the colorless hack Martha Coakley by the Republican challenger in Massachusetts must be interpreted as crucial proof that the American electorate is hungry for populism in the midst of a worsening world economic depression. The kind of populism Massachusetts voters really wanted was New Deal economic populism in the tradition of Franklin D. Roosevelt, meaning concrete measures to break the power of Wall Street and deliver economic benefits to the broad middle class and working people generally. This was the kind of economic populism which was nowhere in sight. Unfortunately, the Democratic Party of Obama, Pelosi, and Reid, and Barney Frank is a party of Wall Street shills and puppets. Since no economic populists were in sight, Massachusetts voters settled for second best in the form of cultural populism as represented by the Republican Scott Brown, whose main claim to fame was that he drove a truck with 200,000 miles on it. That is the demagogic essence of cultural populism, the only kind of populism of which Republicans and reactionaries in general are capable. Cultural populism is what Rush Limbaugh sells on the radio every day, mocking the elitist cultural pretensions of politically correct Democrats. Cultural populism is the stock in trade of Sarah Palin, who uses it to try to make Tea Party supporters forget her warm support for the Bush-Paulson $700 billion bailout of Wall Street in October 2008, when Palin was running for vice president. Coakley, by contrast, was a prim elitist who showed her contempt for Joe Sixpack by going on a two-week vacation in the middle of her alleged Senate campaign.

The current tenant of the White House is an elitist snob who functions from day to day as a wholly owned Wall Street puppet, and Massachusetts voters recognized this very early on. They had been educated in these matters by their own governor, Deval Patrick, who spouted the very same kind of messianic and utopian rhetoric purveyed by Obama when he won the governorship some years ago. Perhaps because they had already been disillusioned by Patrick, Massachusetts Democrats made sure Obama was defeated by Mrs. Clinton in the Democratic primary there in spring 2008.

The boiling rage of the American electorate is directed against the two-party consensus which has made possible the transfer of between $25 and $30 trillion of US government money — Treasury, Federal Reserve, Federal Deposit Insurance Corporation, etc. — in the form of the TARP or bailout, while the official rate of unemployment and underemployment approaches 18%. Voters are angry in particular about tax cheat Tim Geithner, generally the most prominent representative of the Obama regime. They know that Geithner’s cell phone is programmed for speed dialing the numbers of Citibank’s Vikram Pandit, Jamie Dimon of J.P. Morgan Chase, and Lloyd Blankfein of Goldman Sachs. They know that Geithner takes orders from these Wall Street bandits. Voters know that Geithner committed a federal crime when he ordered AIG to falsify its filings with the Securities and Exchange Commission to cover up almost $70 billion of US treasury funds which the bankrupt insurance company was using to pay off financial derivatives in the form of toxic credit default swaps at 100 cents on the dollar to a group of Wall Street banks, and even worse, European banks. These are the roots of the rage against Obama and the Democratic Party displayed today in Massachusetts. Read more…

Related posts:

1. Alex Jones’ The Obama Deception — Coming March 15 Infowars January 26, 2009 Alex Jones The Obama Deception will...
2. Wall Street’s Naked Swindle www.rollingstone.com A scheme to flood the market with counterfeit...
3. Crime, Corruption And Collapse On Wall Street International Forecaster Weekly stock market out of control, as losses...
4. Ron Paul: Geithner Should Be Fired Over Bankergate Congressman says scandal proves need to strip Federal Reserve...
5. Obama to skip EU-US summit in Madrid EUOBSERVER / BRUSSELS – US President Barack Obama is...
6. Australia opposition vote deals climate law blow news.bbc.co.uk Australia’s opposition Liberal Party has elected a new...
7. Green Party U-Turn on a democratic EU by Patricia McKenna – Peoples’ Movement Green Party vote...
8. Leading Democrats: Congress, Senate Owned And Run By Bankers Those who created the banking crisis are also the most...
9. The Great Bi-Partisan Deception By Shamus Cooke 16 February, 2010 Countercurrents.org Some cancer...
10. The United States of Corporate America: From Democracy to Plutocracy by Prof. Rodrigue Tremblay Global Research The New American...