Sunday, April 10, 2011
Modern-day "Conservatism": The Real Ideology of Entitlement
All that American tax payer money spent overseas. Military entitlements. All courtesy of "conservative" ideology, which quite unfortunately is the ruling ideology of the current-day U.S.A.. All despite the fact that a majority of the population are against further foreign occupations and subsidies. Meanwhile, right-wing media has convinced the populace that "liberals" are the "tax-and-spenders", the ones that are ruining the nation.
So while "conservative" ideology has aimed to undermine private-sector unions over the last three decades in the name of furthering corporate profits and currently plans to destroy America's social safety nets under the guise of balancing budgets, this same ideology has made just one foreign dictator worth over $50 billion. That's surely a mere drop in a very large bucket of hypocrisy.
But the "conservative" demand for entitlements doesn't end with the Pentagon of course.
"Conservative" ideology has no issues with bloated budgets when it comes to corporate subsidies (those are entitlements too folks!) for businesses that net billions in quarterly profits, like oil companies and corporate agriculture. And who can forget those bank bailouts and subsidies that continue to this day via zero-interest, Fed discount window lending? Ever wondered why you earn less than 1% interest on your savings accounts? The banks don't need your personal money when they can borrow your government's money for free. And when they hide their value-deflated, foreclosed real estate assets and derivatives losses from their financial statements and declare billions in profits by investing free money, well they are entitled to those million dollar bonuses. That's productive capitalism in the tainted world of "conservative" ideology.