Since it is an election year and since the dollar in my pocket is eroding in value as I write, I want to deviate from the purpose of this blog for a brief interval.
I read an enlightening post on Zerohedge.com written by Tyler Durden that I am pasting here. It is an essay of sorts — how many of us read essays anymore? But as you are a thinking group, I thought you may find his perspective something to chat about over coffee.
Submitted by Tyler Durdenon 03/29/2012 – 19:18
The following chart from the OECD via Goldman, speaks volumes as to just why it is that the “democratic” process is slowly but surely completely breaking down in the US. Of virtually the entire developed world, American voter turnout is the second lowest of all countries, and only modestly higher than South Korea, but well below 50% in either case. Furthermore, since the voting population is roughly equally split along the middle in its party affiliation, it is astounding that less than 25% of America’s voters set the political stage every four years. One wonders just what the source of this record apathy may be: perhaps it is that as empirical data demonstrate, neither party actually represents any longer the interest of a majority of the US voters, but merely those of corporate lobby groups and, of course, Wall Street. As such, over 50% of voting age Americans don’t even bother to make it to the ballots. It may thus be only a matter of time before disenfranchised if silent majority finally says enough, rereads some of this country’s founding documents, and agrees that taxation is only fair with representation. Actually never mind: since about half of America pays no taxes whatsoever, the data actually makes perfect sense. And so the pillage of what’s left of the American middle class will continue, with nobody batting an eyelid, until such time as the only items left in said class’ possession are various weapons of assorted muzzle velocity and other sharp and/or dull but heavy objects.