According to Right Wing Logic...

[mojowork_n]

...According to the right wing Gospel of Wealth, we'd all be much richer if the Wall Street Banksters
were to have an unlimited carte blanche to immediately cancel all social security and medicare
benefits, and deposit the money directly into their own professionally managed investment accounts.

After the appropriate payments had been made to the leaderships of both parties (all of the
éminences grises who rotate from elected office to lobbying firms -- and back -- who become
members of the board and partners of the investment firms, and a flat fifteen -- or 30 -- percent has been
deducted straightaway from the sum that would have been simply wasted on seniors and the
sick and disabled), the search for opportune, convenient and felicitous victims can begin.

What would the game plan be?

Ask the retiree's and pension funds who had investments in oil, and other manipulated
commodities, in 2008. (When Brent spot prices for a barrel of oil dropped from above 140
dollars, to below 40 dollars, in just a couple of months.)

http://www.infiniteunknown.net/2011/02/18/matt-taibbi-why-isnt-wall-street-in-jail-rolling-stone/

http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405

Recruiting only the most brilliant and imaginative of the investment managers to direct
only the most profitable and lucrative money management funds -- the widows' and orphans'
life savings, the money that might otherwise have been poured into the financial sewer holes
of Medicare and Social Security accounts payable -- men like Dick Fuld, ex- Lehman Brothers
head, or Joe Cossano, the "Financial Products" division manager at A.I.G., who made nearly
500 billion in derivative bets in order to destroy the world's largest insurance company --
if only that kind of pecuniary prestidigitation can be brought to bear, surely some of the
expected windfall profits will "trickle down" to a lucky few among the elderly, the lame,
and the crippled. The "Horatio Alger's" of the Tiny Tim class.

To whatever extent the bets don't work out, and it turns out that the streets and sidewalks of
our cities suddenly begin to pile up with the emaciated corpses of the former beneficiaries
of the investment funds, you can rest assured that extreme poverty will become a crime
punishable by death.

And a new investment company will emerge to export "Soyrent Gleen" to hungry consumers
in Asia and elsewhere. Reinforcing the axiom that the Free Hand of the Market can always
be counted on to spread the effects of the Market's negative reinforcement and collateral
damage as widely as possible, while the benefits, rewards and asset accrual continue to
flow upwards, in a steadier and stronger stream, to an ever-narrower hierarchy at the
very pinnacle. (It's not fair to call it "class warfare," it's really just the Invisible
Hand of the Marketplace, bringing efficiencies and advantages to the "job creators.")

Sorry, I had to string those sentences together. One of my RW
friends forwarded me a link to a "Newt Gingrich Letter" titled, "To create
jobs, abolish the Death Tax now.") That was my reply.

[Drale]

1. "Right wing logic" is an oxymoron. /nt

[mojowork_n]

2. It's based on "More for ME," the Gospel of Greed.

If the marketing geniuses can make it sound like *someone* is going to get a pay off,
and the sizzle and the hype are attractively packaged, someone will buy it.

But you're right, it's not about logic.