‘My Party Has Lost Its Soul’

[Carolina]

8. Excellent and true article at the link

which was posted on AlterNet yesterday. If other posters, above, actually read the article, they would not reflexively bash Nader.

Tellingly, people forget that: Though a private citizen, Nader shepherded more bills through Congress than all but a handful of American presidents. If that sounds like an outsize claim, try refuting it. His signature wins included landmark laws on auto, food, consumer product and workplace safety; clean air and water; freedom of information, and consumer, citizen, worker and shareholder rights. In a century only Woodrow Wilson, Franklin Roosevelt and Lyndon Johnson passed more major legislation

They also forget such history as: In the late ’70s, deregulation fever swept the nation. Carter deregulated trucks and airlines; Reagan broke up Ma Bell, ending real oversight of phone companies. But those forays paled next to the assaults of the late ’90s. The Telecommunications Act of 1996 had solid Democratic backing as did the Financial Services Modernization Act of 1999 [8]. The communications bill authorized a massive giveaway of public airwaves to big business and ended the ban on cross ownership of media. The resultant concentration of ownership hastened the rise of hate radio and demise of local news and public affairs programming across America. As for the “modernization” of financial services, suffice to say its effect proved even more devastating. Clinton signed and still defends both bills with seeming enthusiasm.

The Telecommunications Act subverted anti-trust principles traceable to Wilson. The financial services bill gutted Glass-Steagall, FDR’s historic banking reform. You’d think such reversals would spark intra-party debate but Democrats made barely a peep. Nader was a vocal critic of both bills. Democrats, he said, were betraying their heritage and, not incidentally, undoing his life’s work. No one wanted to hear it. When Democrats noticed him again in 2000 the only question they thought to ask was, what’s got into Ralph? Such is politics in the land of the lotus eaters.


Finally, they fail to see that: Democrats today defend the triage liberalism of social service spending but limit their populism to hollow phrase mongering (fighting for working families, Main Street not Wall Street). The rank and file seem oblivious to the party’s long Wall Street tryst. Obama’s economic appointees are the most conservative of any Democratic president since Grover Cleveland but few Democrats seem to notice, or if they notice, to care