Originally posted on The Conservative Citizen:
One of the great things about the day after Thanksgiving is sitting quietly with my morning tea, still in my pajamas and taking my time to go through all the blogs and e-zines with the luxury of not having to really pick and choose what to read because – due to boycotting Black Friday – there is nowhere to be and no one is expecting my presence in the next two hours.
At some point this morning, while in this state, I came across a reference to an article from the July-August 2010 issue of The American Spectator by Angelo Codevilla, professor emeritus of Boston University in international studies, titled “America’s Ruling Class–And the Perils of Revolution,” the advanced and very in-depth abstract to The Ruling Class: How They Corrupted America and What We Can Do About It (another book I highly recommend). Having nothing pressing happening this morning, I took the time to read the piece (more of a paper than an article), and urge tradition-minded Americans all do the same, even if it’s a reread, simply because Codevilla beautifully states some much needed perspective and history on the current condition of political discourse in this country and what we “conservatives” are up against if we have any serious intentions of changing the course of the republic. (We all need to bone up on this stuff, really.)
Codevilla begins his paper with the banking crisis of 2008, a “collapse” that was all an attempt by the banking people to make a profit off of bad debt which was forced on them by the government. The problem, of course, was that since the debt was worthless to begin with, not only did the banks take a bath on the original debt, but they had to pay back any “banking instruments” they sold in order to keep their balance sheets in the black with interest and earnings. Naturally, as the Bush/Walker family was into banking long before oil, the Bush 43 administration made attempts to cushion the blow for the other people at the top of the food chain. In his telling of this, our not-so-finest hour, Codevilla identifies the “Ruling Class,” those, uh, WASPish Ivy League grads who run things to their own advantage, as being the ones who cut the backroom deals and specifically took the rest of us – the little people or “Country Class” as he puts it – to task for objecting to not being consulted as our money was not just devalued, but given away to bankers who went along with the government rather than screaming bloody murder in the 90’s when Janet Reno was threatening them.