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                  Part Three, Bill Clinton Saw The Thousand Points of Light! 07/06/2010
                  2 Comments
                   
                  Part Three Of The Five Part Series-Don't Be Upset With Us, At Least We're Not Republicans! 

                  Examining the actual role of the Democratic Party In post Reagan America.


                  In the interest of brevity, I have chosen not to give George H. W. Bush an intallment of his own in this series.  I would rather just make a brief mention of the fact that he was Ronald Reagan's Vice President and his "kinder and gentler" administration was, pretty much an extension of the Reagan Presidency.

                  Bill Clinton made a point of telling the beleagured middle class that he feels their pain.  I really doubt that's the case because, to this day, his support of "free" trade has caused pain and suffering to middle class families.  I am going to focus on the free trade aspect of his presidency and not on the overstated sex scandals or on his failed attempt at healthcare reform. 

                  Bill Clinton was a strong supporter of globalization. He believed that, in a modern world, "free" trade was the way of the future. He didn't believe in our country using tarriffs as trade barriers to protect American industries. He actually believed and could say with a straight face that, while open markets would cost some Americans their jobs, we would get more and higher paying jobs in exchange as foreign countries opened their markets to our exports. Yeah, right!

                  President Clinton supported NAFTA, GATT and other trade agreements that eventually helped to send American manufacturing overseas at an accelerated rate.  Believe it or not, Bill Clinton actually granted China "Most Favored Nation" trading status! As a matter of fact, President Clinton's views on "free" trade were no different that that of Ronald Reagan, George H. W. Bush, Newt Gingrich or most other Republicans.

                  Needless to say, many unions are very uncomfortable with Bill Clinton's trade policies.  Recently, Bill Clinton helped Blanche Lincoln Defeat Bill Halter in an Arkansas Democratic Primary campaign for a US Senate seat.  He appeared in television advertising with a message that said that unions are interfering with local Arkansas politics by supporting Bill Halter.  Unions are starting to feel that some Democrats are biting the hand that feeds them.

                  By now, you can probably see a pattern forming:
                  1- The Reagan administration, with it's attack on unions, did major damage to the middle class and the American dream.  Reagans penchant for deregulating the very government agencies that protect the American citizen from corporate excesses has given corporations unbridled power that the robber barons of the past could only envy.  The working person is on his way to becoming a mere serf.

                  2- The George H. W. Bush administration was essentially a continuation of the Reagan administration.

                  3- The Democratic Clinton administration, which should have been the light at the end of the Republican tunnel for working people, was just an oncoming train.  His "free" trade agreements would make a "free" market Republican blush, they ushered in the era of job offshoring, US factory closings and the rise of China as a manufacturing power.  Clinton's deregulation of the FCC helped to concentrate TV and radio station ownership into the hands of a few major corporations. His administration also instituted the concept of auctioning broadcast licenses to the highest bidder.  I also want to mention the fact that his banking deregulation laid the groundwork for the mortgage crisis.

                  The pattern has been that Republican administrations take our country in a pro-corporate, anti working person direction.  We always expect a Democratic administration to correct any damage caused by the preceeding Republican administrations, that never seems to happen.  This pattern will become more apparent in the two final episodes of my series.

                   Next: Part Four, George Bushwhacks America!
                   


                  Comments

                  Tamra MB link
                  07/09/2010 4:12pm

                  wow, SPOT ON! And I saw the investment side of things including w/persons who are close buds of both Clintons & Cheneys - The Rockefellers. it was so foul. No one cared, and exactly what I predicted LOUDLY in 2000 happened in 2008 and we actually bailed them out. unreal.

                  Reply
                  Jack Wade
                  07/09/2010 10:35pm

                  Hi Tamra,
                  Thanks for your kind comments. I'm sure all of the above are the best of pals. The remaining two installments of my five part series will tie everything together and demonstrate a pattern that our system has fallen into that must be changed. Have a great weekend.

                  Reply



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                    I am just an average middle-class guy who is convinced that there's no one on Talk Radio who speaks for us.  I want to change that situation.
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