Dear Monetary Policy Observer
It seems somehow appropriate that this latest article is being sent out on Mayday, which it addresses in detail. It goes over some planned "Occupy" protests for the day (and so far seems fairly prophetic in predicting their turnout...) as well as some of the harsh economic realities undermining arguments by some elite leaders of the movement. We hope you find this material of interest.
American Principles In Action
Ralph Benko, Contributor
4/30/2012 @ 3:25PM
Death By Fairy Tale: After Occupy, "The 99% Spring" Fizzle
May 1, International Workers Day, has been designated by the left for the “first General Strike in American History:” A Day Without the 99%. No Work—No School—No Housework–No Shopping. Take the streets on Tuesday! But … the call for the General Strike is not getting traction from us — the 99%. We whose interests it purports to represent and from whom it seeks to draw legitimacy, are decisively spurning the call.
The Occupy May Day — General Strike Facebook page shows, as of this writing, 22,998 going, out of 186,059 invitees. Even if ten times as many show up that’s a terrible fizzle. The uprising which the left is determinedly promoting is not catching on. By comparison, Lady Gaga has over 50 million Likes (including this columnist’s, himself a little monster, Hi Stefani! Edge of Glory!).
The problem the post-Occupiers are addressing is real. The left leadership of what it styles The 99% Spring is whip smart, disciplined, capable and elegant. So why is their attempted movement stillborn? The left, however noble its intentions, is flailing. Why? Because its proposed solution — central planning — is discredited. The leaders of the left are trapped inside a dead fairy tale.
International Workers Day is a toxic symbol in America … and worldwide. Remember the images of missiles and soldiers beamed from Red Square with the oppressive Soviet Gerontocracy on top of Lenin’s Tomb? The May Day celebration was the High Holy Day of Communism. How tone deaf of the left to have chosen it.
We, the workers of the world, remember International Workers Day as synonymous with economic impoverishment, political oppression, and the suppression of civil liberties, civil rights, and human dignity. Even the nominally communist Chinese leadership recently purged Bo Xilai for attempting to revive and exalt Maoism. Choosing May Day implies that those who are aspiring to lead the 99% are badly out of touch with us. The choice of date presents the left’s leadership as a would-be nomenklatura, or new ruling class, rather than as in sympathy and solidarity with the masses.