Stop the Runaway Legislation!


Bloomberg News reports (via Huffington Post) that Billionaire and Corporate Overlord Carl Icahn says, "Obama would be a terrible U.S. President!"

Sigh. Maybe Obama would be a terrible president.

But Icahn is full of the same load of right-wing garbage, throwing out the same tired corporate talking points we've unfortunately become accustomed to;

"Obama would probably go on a ``huge spending spree'' that ``the country can't afford right now.'"

Does he mean "huger" than the one Bush is on in Iraq? This crap is to be expected, and much worse.

But Icahn shows his true disturbing colors, displaying his absolute disdain for democracy.

Even worse, Icahn said, would be a Democratic president with a veto-proof supermajority of 60 Democrats elected to the Senate.

`Runaway Legislation'

``It would be devastating,'' he said. ``Then you couldn't stop runaway legislation.''

Runaway Legislation? Is that the new Orwellian doublespeak to describe the democratic legislative process?

Subtext. Let's not let a little thing like democracy get in the way of our corporate agenda. When Icahn said "you" just who was he speaking to anyways?

Does anyone really believe that a Democratic administration with a supermajority Senate would do much in the way of curbing corporate power? Absolutely not. But perhaps, some semblance of a democracy may remain if the Republicans aren't in power during the next few years. See Ian's latest post for example.

That's just unthinkable for Icahn and all his pals. The past years have apparently not been profitable enough. But when I think about Naomi Klein's latest piece in Rolling Stone it all starts adding up to some very frightening prospects.

There's a word for this kind of corporatist, right-wing ideology.


stuart noble May 23, 2008 - 5:57am
( categories: Miscellany )

Most people, if they know anything about him, remember him as a "greenmailer" who extorts money from corporations. His only foray into actually running a corporation ran an airline into the ground.

But your observations about his corporatist agenda are spot on. Icahn is starting to show some real fear that the game is about up. Obama or at least his followers are not interested in repeating the past 30 years of corporate welfare and laissez-faire policies that work against the average employee while enriching a small number of elite managers.

As this recession deepens, whether Obama wins or not is not relevant to the social mood in this country, which is turning increasingly against the view that we all have to be grateful for anything we get from our corporate managers.

Your last two paragraphs pack quite a punch.

Numerian May 23, 2008 - 7:21am

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