In a recent New York Times article, “Stand Against Earmarks Grows Lonely as Home State Sees a Need,” it was noted that South Carolinians are upset with their conservative senator, Jim DeMint, because he isn’t supporting a request for $400,000 of federal taxpayer money to conduct a feasibility study on the dredging of the Port of Charleston, which if feasible, would lead to a further request for federal taxpayer funds of up to $250 million to actually do the work. It seems that South Carolinians are willing to accept federal money when they are willing to accept federal money. Seems to me that South Carolinians want it both ways, which, of course, the rest of us would like as well, but which seems to me to negate the idea of the United States being a single nation.
Although I am what DeMint would characterize as a liberal, which is anyone a smidgen or more to the left of Jim DeMint, I have to applaud him for taking a principled stand — he is against earmarks, period! — something many of his coconservatives are not when it comes to getting handouts. Usually they want the handouts but without any strings attached. (And this is not to say that liberals are any less desirous of either handouts or restriction-free handouts — they aren’t! You can take the politics out of the money, but you can’t take the money out of the politics.)
South Carolina is opposed — adamantly — to federal bailouts and handouts, especially to items like mandatory health insurance that could benefit all U.S. citizens — except when they are not, which is hard to predict when that will be. I think South Carolinians should lead the way and simply refuse any and all federal money. This would tell the rest of us that they truly do mean what they say.
But with the recent revelations about the problems with the mortgage foreclosure documents, I wonder how quickly conservative and Tea Party tunes will change should there be a sudden raft of major bank failures that affect their pocketbooks? Bank of America, for example, has dealings with nearly half of Americans. Should it collapse, a lot of currently wealthy people would find themselves wealth-less. And retirees, who are a large portion of the Tea Party movement, would be in trouble as the ripple of such a colossal failure spread. Relying on having an FDIC insured account is problematic because the FDIC doesn’t have enough capital to cover that size failure without further government borrowing, which, of course, we just know Jim DeMint and the Tea Partyers would vehemently oppose, preferring to have all of their wealth disappear in the collapse.
Some economists, including conservative ones, say that the latest banking fiasco could result in a bigger financial crisis for the banks than the subprime bubble burst. Which makes me wonder —
Should we see a bank like Bank of America start to topple as a result of this latest crisis, will the conservatives and the Tea Partyers stick to their principles and filibuster any proposed bailout of the banks? I admit I’m not an economist or much of a financial expert, but even I can see that if banks like JP Morgan Chase and Bank of America are allowed to fail, there are going to be a lot of formerly rich Republicans and Tea Partyers wondering what happened.
Of course, it would be an appropriate payback to all those corporations who are donating nondisclosed millions to the rollback-the-regulation candidates should their supporters let them fail. Isn’t it strange that the big Wall Street firms who were shored up by Democrat officeholders are now spending millions to kick the Democrats out. Grateful the bankers aren’t!
If the Congress swings to the right as expected, here are a few bits of legislation that the new right-wing majority should introduce: legislation to
- eliminate all Congressional pay raises until the budget has been balanced for at least 5 consecutive years and the national debt has been fully retired;
- do away with all taxpayer-funded medical and retirement benefits for all members of Congress and their spouses and families;
- return America to the days of the founding fathers by eliminating the filibuster — it isn’t in the Constitution — and bringing back majority rule.
There is nothing more impressive than seeing our leaders truly lead. And the cry to follow the intent of our founding fathers should be honored in the practice by recreating their work conditions. After all, they couldn’t have foreseen air conditioning, so certainly wouldn’t have considered spending taxpayer money on it to be constitutional — I see no air conditioning clause in the Constitution or even in the Federalist Papers. Perhaps if Congress had to work in the swelter of Washington without air conditioning, there would be less pompousness and more getting the people’s work done.
I grant that this seems silly, but it seems no sillier to me than the idea that we should revert to what the founders thought, especially when the founders weren’t of one voice on any topic, but were of hundreds of voices on every topic. The only single voice the founders had was that of compromise — they realized, which the “party of no” doesn’t seem to grasp, that the art of nation building is really the art of compromise. To their chagrin, the founders learned that confederation (remember the Articles of Confederation?) really doesn’t work and so compromised a different approach, the Constitution, which has worked — so far.
Compromise is the one lesson that Congress and the Supreme Court are in desperate need of learning, as are the South Carolinians who put out their hand to take but not to give. This disease — the lack of compromise — breeds the strangeness of modern American politics, which would even have been strange to the founding fathers as much as it is to the average citizen today. We all compromise everyday as part of our daily lives — unless we are politicians who can reap taxpayer largess while not accomplishing anything.
And if compromise really galls the Tea Partyers and the Jim DeMints of the American political scene, then I offer this bromide: Lead us to salvation by voluntarily giving up your Medicare, your Social Security, your exorbitant congressional pay and benefits. Be austere in your own lives first; go without medical insurance and demonstrate how the free market will take care of all your needs without government intervention. I, for one, am willing to be convinced that you are right; I just want to see you lead by example rather than by decree and platitude.