This week in blaming poor people of color for poor economic policy.

Last week, Louisiana state representative John LaBruzzo suggested that economic disparity and crisis might be lessened by the sterilization of the poor who, he must believe, are a burden on the U.S. economic system and should be scapegoated for a crisis of corporations.

LaBruzzo said he worries that people receiving government aid such as food stamps and publicly subsidized housing are reproducing at a faster rate than more affluent, better-educated people who presumably pay more tax revenue to the government. He said he is gathering statistics now.

Though it’s reported that the program LaBruzzo is considering might include vasectomies for men “to avoid charges of gender discrimination,” his primary target is women, to whom he would offer $1,000 to undergo tubal ligation. However:

It also could include tax incentives for college-educated, higher-income people to have more children, he said.

So it’s not fewer children he wants on behalf of North Americans, it’s less children born to poor women, primarily women of color. Bad economic policy is not an apt cover for this sort of discrimination.

Now, my point is not only to point fingers at this one guy. Taken from a response written by the Women’s Health and Justice Initiative and the New Orlean’s Women’s Health Clinic and posted at Elle, Phd, LaBruzzo’s plan is but one example of the injustices that spring from the overlapping ideologies and culturally integrated practices of: eugenics, reproductive violence, sterilization abuse, devaluation of poor women’s sexuality and motherhood (and fatherhood, I would add), and other classic -ism’s.

Even if sterilization is voluntary, POVERTY IS NOT! Poverty, economic insecurity, and lack of sustainable livelihood can cause a woman to consider this aggressive sterilization incentive a viable option.

LaBruzzo talks about poverty as though it were an infectious disease—a though poor people will eventually make everyone poor—rather than a condition people are condemned to by Louisiana’s lack of investment in education, employment, affordable housing, and quality health care programs, services, and resources…

We are basically witnessing a two front war against poor and working class black communities right now. On one hand, we have the Bush administration fighting to push an economic corporate welfare bailout plan to save Wall Street, and on the other, we have an elected official blaming the bodies and reproductive decisions of poor black women for the social conditions caused by corporate greed.

Read the whole thing.

Story via Womanist Musings.

Also, more on blaming people of color for the economic meltdown of late at Feministe.

Posted under Economy, Politics

This post was written by Emily on September 29, 2008

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Congrats America on Your New Bad Debt

Lawmakers reached agreement on the 700 billion bailout.  Republicans held out for an the all impotent detail of insurance:

At the insistence of House Republicans, who threatened to sidetrack negotiations at midweek, the insurance provision was added as an alternative to having the government buy distressed securities. House Republicans say it will require less taxpayer spending for the bailout.

But the Treasury Department has said the insurance provision would not pump enough money into the financial sector to make credit sufficiently available. The department would decide how to structure the insurance provisions, said Sen. Kent Conrad, D-N.D., one of the negotiators.

The bailout bears the echoes of Iraq in its buildup.  Its being rushed through, with a Sunday vote by the House, and a Monday vote by the Senate.  700 Billion is a lot of debt to saddle us all with.  Especially with concern about the long term impact.  But what about the short term impact? (Angry Bear via Time Blog, Emphasis Mine):

[T]he problem is the price, in this case the premium. If it is vastly less than the probability of default, the House Republicans have found a way to throw money at bankers and financial arsonists instead of just bankers. If it is actuarily fair, it will force liquidity constrained firms to unload the securities — they could wait and hope for no default, but they can’t pay actuarily fair premiums. When you are insolvent, risk, variance, double or nothing is your only hope of survival. Thus aside from the contribution to financial arson (which I guess will be huge) the plan would also force distressed banks etc to unload mortgage backed securities at fire-sale prices. Now I don’t think the current problem is mainly due to systemic margin calls due to mark to market and capital requirements, but making that problem vastly worse would hasten the collapse of the US financial system even without financial arson.

Awesome.

Posted under Economy, Politics

This post was written by Dan on September 28, 2008

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Obama’s Substance vs McCain’s Style

When I heard McCain had suspended his campaign to work on the economic crisis, I thought he had made a brilliant move.  McCain is weak on the economy and needs to distinguish himself in a favorable light.  His suspension connected so well with his narrative of “country first” sacrifice, and reinforced his positions on the war and his delay of the convention in the face of hurricane Gustav.  I remember the conversation well.  I lamented Obama’s lack of aggression, and my co-worker agreed with me that the man needed to step things up.

Then he responded (Amanda, Think Progress, emphasis mine):

Sen. Barack Obama (D-IL) just gave a press conference responding to Sen. John McCain’s (R-AZ) suggestion that they both suspend their campaigns, postpone Friday’s debate in Mississippi, and return to Washington to deal with the financial crisis. Obama said that he would like to the debate to go forward as planned because “it is going to be part of the president’s job to deal with more than one thing at once

That powerful and contained a statement deals a sharp blow to McCain’s sacrifice theme.  Sacrifice only works politically if you give up something important out of necessity.  It’ll backfire in a second if it looks like either the importance or the necessity aren’t genuine.

Which is why McCain’s stumble juggling David Letterman and Katie Couric is devastating (Amanda, Think Progress, emphasis mine):

As part of his plan to suspend his campaign activities, Sen. John McCain (R-AZ) today decided to cancel his appearance on the Late Show with David Letterman. McCain’s campaign reportedly told Letterman that the senator was “racing back to Washington.” That, however, didn’t happen. In his show to air tonight, Letterman shows footage of McCain sitting down with CBS’s Katie Couric for an interview at the same time he was supposed to be on his show.

You couldn’t find a brighter color to paint McCain’s campaign politically opportunistic.

Obama’s counterpoint and McCain’s dishonesty play directly to McCain’s weakness and Obama’s opposing strength at the same time.  John McCain is increasingly viewed as the precise stripe of unethical politician he once fought against.  He’s a man who goes for political points at any cost.  Barack Obama is definining himself as a politician who tries to approach problems rationally and seriously, putting the demands of the problem at hand above the political cost of doing so.

A politician’s greatest responsibility alongside governance is maintaining a connection to the people he or she represents.  The debates this friday are a central part of that, and thanks to a quick and effective response, heading in its advantage Obama.

Posted under Economy, News, Politics

This post was written by Dan on September 25, 2008

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Truth and the Economy

“In a time of universal deceit, telling the truth is a revolutionary act.” – George Orwell.

Its deliciously ironic that subtle variations of that quote can be found throughout the web.  Even when you’ve reached through the superficial and grabbed the spirit of the truth your hands have nothing tangible to close on.  Certainty feels increasingly academic the more closely you pay attention.

Orwell’s idea matches up stunningly with the essence of Gandhi’s Satyagraha.  It essentially means “truth power”.  But saying the truth is powerful doesn’t immediately reveal its effective usage.  Often compared to a double edged sword, it does share this in common: it has a point.  To use the truth well one must aim carefully.

NancyP over at Pam’s House Blend insightfully invites us to confront conservatives with their immediate truth, framed perfectly as the question: “Are YOU better off than you were 8 years ago?”.  Paraphrasing Altemeyer (an expert on analyzing authoritarianism, emphasis mine):

Cognitive dissonance has to be extreme, and personally very uncomfortable/painful, for authoritarian followers to abandon their Authority of the Hour. Some authoritarian followers will remain loyal to their Authority despite severe personal injury (pastor schtupps follower’s wife or minor daughter or son; leader loses follower’s life savings – see Bakker or Bush 43 for that). Even for the less injured followers, the tendency is to defend the old leader by blaming subordinates (“the Leader is wise but was misled by evil advisors”).  If the follower has finally decided that his Leader has damaged him intolerably, he will treat the situation as the breaking of an (often intimate) personal relationship – an individual moral failure of that Leader, having nothing to do with policies or competence of that Leader. Thus, the authoritarian follower can claim, without the least discomfort, that the New Leader is nothing like the (now discredited) Old Leader, even though New Leader voted with the Old Leader, continues the Old Leader’s policies, and uses the same advisors.

This immediately sets the game plan and the stakes.  We need to make this election about the immediate impact of the economy, and about the Democratic party’s fiscal prowess.  NancyP notes this:

I really think that the Dems are fools for not sticking to the “It’s the economy, stupid” campaign strategy. Eight years ago we had a budget SURPLUS. Now we are looking into a large black pit without a visible bottom.

The problem is that both McCain and Obama are being mushy centrists on the bailout.  (The Caucus, NYTimes, emphasis mine):

Senator Barack Obama this afternoon urged Treasury and Federal Reserve officials to include four conditions that he and other Democrats are seeking in the proposed $700 billion federal bailout for financial firms – though he stopped short of saying he would vote against the bailout if his terms were not met.

The pressure is building as the administration attempts to equate congressional delays directly with stock market dips and plunges.  Much of congress is taking the Democratic party’s standard operating procedure of the past 8 years to heart: equivocate and compromise till it hurts (Reuters, emphasis mine):

“What they have sent us is not acceptable,” Senate Banking Committee Chairman Christopher Dodd said after a five-hour hearing on the plan. His Republican counterpart, Sen. Richard Shelby, also vowed not to “rubberstamp” the proposal.

That’s a very polite way of saying they’ll take a look at it, make very serious and thoughtful comments, and then pass it with minor modifications.  For agents of change, both Obama and McCain are surprisingly in step with the establishment when it comes to the bailout.  They are providing a united front (NYTimes, emphasis mine):

With pressure mounting on Congress to pass a $700 million bailout of financial firms, Senator John McCain struck a more urgent tone Tuesday on the need to act quickly, but he and Senator Barack Obama insisted on conditions that had to be met in the final plan.

This bill is going to pass.  Which brings us back to truth.  George Bush’s successor as “Dear Leader” is united with his opponent in supporting the most visible economic bill before the election.  Their opposition is purely superficial.  This idea of whipped supporters crawling back to their leader is one we might be tempted to cast purely on the conservatives.  But if we are honest with ourselves, and ask that very same question, we need to realize how sorely we’ve been hurting for an opposition party these past 8 years.

While the economic hardship more and more Americans face drags us all eagerly towards a cliff, asking directly “are you better off now than you were 8 years ago” is risky.  Canny Republicans can point to cringing Democratic officials and suggest they were all in it together, and gosh darn it we need a maverick.  Keep in mind that Democrats have been trying unsuccessfully to convince not-filthy-rich Republicans they are voting against their economic interests for decades.

Working with someone truly stuck in an authoritarian mindset is possible, but results won’t necessarily come quickly enough for November.  (For a start, read Cracks in the Wall parts One, Two, and Three).

If you want to effect the upcoming election (especially if you live in a swing state), your best bet is to reach out to Democrats and Independents and help them make it to the polls registered and ready November 4.

Posted under Economy, Politics