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Barbara Ehrenreich Confesses to the Socialist Conspiracy

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The plan took shape during a particularly intense criticism/self-criticism session at our 2000 annual convention in a booth at an Akron IHOP. We realized that we'd been recruiting no more new members per year than the Green Bay Packers and that, despite all our efforts, more Americans have been taken aboard UFOs than have embraced the historic promise of socialism. So we decided to suspend our usual work of standing on street corners and hissing, "Hey, how'd you like to live in a workers' paradise?" Instead of building socialism, one worker at a time, we would focus on destroying capitalism, hedge fund by hedge fund.

First, we selected a cadre of crusty punks from the streets of Seattle, stripped off their Che T-shirts, suited them up in Armani's and wingtips, and introduced them to the concepts of derivatives and dental floss. Then we shipped them to Wall Street with firm instructions: Make as much money as you can, as fast as you can, and as soon as the money starts rolling in, send it out to make more money by whatever dodgy means you can find -- subprime loans, credit default swaps, pyramid schemes -- anything goes. And oh yes: Spend your own earnings in the most flamboyantly gross ways you can think of -- $10,000 martinis, fountains of champagne -- so as to fan the flames of class resentment.

...

Things were going swimmingly until about a week ago, when the capitalists suddenly staged a counter-coup. We had thought that the nationalization of the banks would bring capitalism to its knees, but instead, the capitalists were craftily using it to privatize the government. Goldman Sachs, former home of Henry Paulson, has taken the lead, planting its agents so thickly about the erstwhile public sector as to earn the nickname "Government Sachs." Among the former Goldman Sachs operatives now running the country, in addition to Paulson, are the president's chief of staff, the chairman of the New York Fed, the man appointed to take over A.I.G., and the 35-year-old boy wonder selected to oversee the bail-out program.

According to the New York Times, "Goldman supporters" insist there is no "conspiracy" and not a black helicopter in sight -- just a bunch of public-spirited investment bankers sacrificing their normal 8-figure salaries for the good of the nation. But we socialists know a conspiracy when we see one, and some in our ranks are complaining bitterly that as capitalism began to collapse, the bankers seized the life raft that was intended to save the laid-off, the foreclosed-upon, and the exploited masses in general.

Ah well, we socialists still have the election to look forward to. After months of studying the candidates' economic plans, we have determined that one of them, and only one, can be relied on to complete the destruction of capitalism. With high hopes and great confidence, the Socialist International Conspiracy endorses John McCain!

By min | October 21, 2008, 1:22 PM | Liberal Outrage