To begin with–HA HA HA!

I have heard all the right wingnuts call the outrage directed against AIG as a form of McCarthy-ism.  First of all, what total crap that is!  Rush and FOX News needs to do a bit of research on the meaning of “McCarthyism” before they start their lips moving, maybe then they will not look so damn foolish.

The charge of McCarthyism is both absurd and odious. The McCarthyism of the 1950s was a campaign by the American ruling class to demonize all socialist and left-wing thought. It was based on a lie—that socialists were criminals. The campaign destroyed the lives of many workers and intellectuals in the drive to fully subordinate the institutions of American society—the unions, the media, the universities—to the capitalist system and the global aims of US imperialism.

The popular outrage against bonuses for financial executives is, on the contrary, entirely justified. These are individuals who amassed their wealth on the basis of parasitism and speculation. Now that the financial house of cards has come crashing down they are demanding that the public treasury foot the bill, while insisting that there be no consequences for their own standard of living.

Social being determines social consciousness. The social character of the American ruling class has generated a corresponding social psychology—one that is profoundly anti-democratic. It is typical of an aristocratic social layer to view the society upon which it parasitically feeds with a mixture of fear and hostility. It views democratic institutions—even in the thoroughly eroded form that they take in the American political system—with contempt, as unnecessary constraints on its personal prerogatives.

Please when you hear do-do from the right wingnuts call them on it!  I do.