Book Trailer The Noble Train

Sunday, February 8, 2009

The Coal

The problem with the stimulus bill is there is nothing in there for coal. Steam engines need coal. Big sleek ships and trains and even cars once upon a time ran on steam. You didn't really care about the men in the bowels of the ship shoveling all that coal into the boilers because you couldn't see them. You were far above eating your dinner or enjoying a cigar in the bar or lounging topside while the men sweated down below. So when the ship pulled into dock they loaded it up with food, champagne, caviar, fruit, cigars, wine, all the necessities for life and then tons and tons of coal. Because the ship's captain and everyone else knew that without coal the rest of the food, booze and cigars didn't matter much. Seems like there is one thing missing on the good ship's Obama's manifest for the stimulus plan--COAL. Middle class people are the coal of the economy lest you forget this go into Home Depot or Menards of Best Buy. There are no people. The employees outnumber the customers two to one. There are mountains of inventory and one cannot help wonder who is carrying the cost of all that inventory. So the steam engine has stopped. We know from our oligarchy who has taken all the coal. They are still in Washington and on Wall Street laughing their asses off that the American public bought into Tarp. See the one page article in the New York Times by Wells Fargo explaining why employee junkets are still necessary for the great work their employees do. The masters of the ship are tweaked someone would mess with their cigars and fine champagne. But even as the gilded glide far above us top deck, they too our a little worried that maybe the reluctance to order in coal might bring the good ship Lollipop to a halt. So how do we get our coal bins replenished? Bite the bullet and bypass the banks and make a national bank and start lending. Or...shock..shock...give money directly to the people. Not six hundred dollars, thousands. Prime the pump directly. It is interesting that the great populist nation is quite willing to take thousands of dollars in tax money, but recoils at the thought of giving it back. If income tax was never intended to be a permanent institution, let's make good now and give back some of the money. Nebulous promises of jobs will not replace the directness of giving credit to the middle class. Infrastructure jobs will put people back to work, but how many, how soon, remains to be seen. Our bins have been empty a while now and a bold President needs to take bold steps. Throw out the play book. Don't even look for precedent. Do the bold thing and put coal into the boiler now. The hard fact is you cannot operate a ship without coal, providing only for first class passengers. You really need some fuel.

Books by William Hazelgrove