The good doctor is in —back from an extended stay in an Australian methadone clinic that ended badly, primarily because I had to come to grips with reality: Barack Obama or Mitt Romney would be president in 2013. Who was I to vote for: the rich guy who spent most of his life running for president (rather creepy, don’t you think?) or the guy who pretends he hates rich guys when he really, really loves them? A lot. Especially if they donate to his causes and especially more than you.
Joel Kotkin writes for the New Geography:
Apple, Google, Facebook, Amazon and Microsoft are far from “the workers of the world,” but closer to modern-day robber barons. Through their own ingenuity, access to capital and often oligopolistic hold on lucrative markets, they have enjoyed one of the greatest accumulations of wealth in recent economic history, even amidst generally declining earnings, rising poverty and inequality among their fellow Americans.
Last year the tech oligarchs emerged as major political players. Microsoft, Google and their employees were the largest private-sector donors to the president. …
An even greater beneficiary of the second term will be the administrative class, who by their nature live largely outside the market system. This group, which I call the new clerisy, is based largely in academia and the federal bureaucracy, whose numbers and distinct privileges have grown throughout the past half century.
Even in tough times, high-level academics enjoy tenure and have been largely spared from job cuts. Between late 2007 and mid-2009, the number of U.S. federal workers earning more than $150,000 more than doubled, even as the economy fell into a deep recession. Even as the private sector, and state government employment has fallen, the ranks of federal nomenklatura have swelled so much that Washington, D.C., has replaced New York as the wealthiest region in the country. …
Like empowered bureaucrats everywhere, the clerisy also sometimes reserves a nice “taste” for themselves, much as the old bishops and upper clergy indulged in luxury and even prohibited pleasures of the flesh. Just look at the lavish payouts accorded to Orszag and Treasury Secretary-designate Jacob Lew, who, after serving in the bureaucracy, make millions off the same Wall Street firms that have so benefited from administration policies.
So who loses in the new order? [T]he biggest losers likely will be the small business-oriented middle class. Not surprisingly Main Street, far more than Wall Street, harbors the gravest pessimism about the president’s second term.
Newsflash: “Too big to fail” is even bigger. The debt is bigger. The spending never stops and the federal government runs its finances in ways that would get us thrown in jail. Meanwhile, there will be roughly 1 million people who descend on Washington, DC tomorrow to watch the president pretend as though he cares for them.
The difference between Mitt Romney and President Obama was never that one was overly concerned with “the rich” while the other one cared about “the middle class” (What is that, anyway? How do you define “middle class”?). The difference is that President Obama likes to pick winners (e.g., Google) and losers (e.g., oil companies) while Mitt Romney had the big-brass Mormon balls to say he wanted them all to be winners.
And so, that is why my addiction to opiates continues to bear down on my chest, like that big-boned prostitute in Poland. Was it that time in Warsaw, or was I really in Prague? That whole European excursion is a blur…
Regardless, I am back in the nation’s capital for a week, perhaps two, depending on how the social scene pans out. There are a lot of parties with wealthy Democratic (female) donors, and many of them are just as generous with their bodies as they are giving out other people’s money.
You have not lived until you have bedded a leftist member of the Beltway elite, particularly if they’re dumb. As they’re about to drift off to sleep I whisper in their ears:
- “CAFE standards are bullshit.”
- “I would have let GM go bankrupt.”
- “The Department of Housing and Urban Development is a joke.”
Sometimes there’s a momentarily flash of concern on their faces, as if they’ve just given up a bit of their soul to someone who isn’t one of them. The truth? Who knows what I am. I don’t even know. But I do know that the vast majority of politicians — including the Great Obama — are pretenders. Unlike actors and musicians and drug-addled bloggers, they have the power to craft and enforce the law of the land.
And without further adieu, I return to Dr. Bizarre’s secret chest of magic analgesics.