Tuesday, November 8, 2011

Even the electorate is fed up. The mood is out there: we must seize the time

A new Wall Street Journal/NBC poll reveals what we already know, that the anger at the corporations, bankers and their political parties among the US population is at an all time high. The WSJ/NBC survey  finds that the electorate  "is convinced that the country's economic structure favor an affluent elite..."
Not only that, it also confirms that the nation is very polarized and divided as torn over whether or not President Obama and the Democrats or the other Wall Street party, the Republicans can get the country out of the mess its in.

The journal says that half of the voters identity as Tea Party with the other half identifying with the Occupy Wall Street Movement. Fifty four percent of those polled believe the present economic troubles are "the start of a long term national decline not a tough period the US will get through."

This we must remember is the electorate.  Most workers in the US are so disgusted with the political situation that they have withdrawn from the electoral process entirely. The failure of the heads of organized Labor to provide an alternative in the political sphere while supporting concession on the job and in society in general has increased the disgust and disillusionment so many Americans feel.

"More than three quarters of those polled say the national economic structure is out of balance and favors a very small proportion of the rich over the rest of the country" writes the WSJ. Sixty percent agree with the idea that the US needs to "reduce the power of major banks and corporations as well as end tax breaks for the affluent and corporations."

The objective situation is more favorable than it has been for a long time for a mass movement to arise that can change the course of society through mass action and out of such actions the running of political candidates rooted in that movement and totally independent of and opposed to the two Wall Street parties.

The nationalisation of the banks and financial institutions which was prominent in the period immediately after the crash is something that should be brought to the forefront again.  No on can oppose the idea of regulation but we can't regulate something we don't own and control.

We must reflect on the fact that this is the electorate.  Most Americans don't bother to vote, not because they are apathetic as some say but because they have given up for a lack of an alternative.  The opportunity to build that alternative is with us.

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