Friday, October 8, 2010

Frank Rich: O'Donnell Provides Populist Cover For Billionaires' Coup

For all the fun that liberals, including this blogger, have had with the wacky Christine O'Donnell, Frank Rich points out that she serves a purpose for Republicans and their monied backers in "The Very Useful Idiocy of Christine O'Donnell." I have long been fascinated with, and frustrated by, right-wing populism, which purports to stand for the common folk while being funded by and ultimately benefiting the wealthy. Rich states that O'Donnell provides a valuable populist cover:

...Whatever her other talents, she’s more than willing to play the role of useful idiot for her party. She gives populist cover to the billionaires and corporate interests that have been steadily annexing the Tea Party movement and busily plotting to cash in their chips if the G.O.P. prevails.

While O’Donnell’s résumé has proved largely fictional, one crucial biographical plotline is true: She has had trouble finding a job, holding on to a home and paying her taxes. In this, at least, she is like many Americans in the Great Recession, including the angry claque that found its voice in the Tea Party. For a G.O.P. that is even more in thrall to big money than the Democrats, she couldn’t be a more perfect decoy.

By latching on to O’Donnell’s growing presence, the Rove-Boehner-McConnell establishment can claim it represents struggling middle-class Tea Partiers rather than Wall Street potentates and corporate titans...

...deep-pocketed mystery benefactors — not O’Donnell, whose reported income for this year and last is $5,800 — are the real indicators of what’s going on under the broad Tea Party rubric. Big money rains down on the “bottom up” Tea Party insurgency through phantom front organizations (Americans for Prosperity, Americans for Job Security) that exploit legal loopholes to keep their sugar daddies’ names secret. Reporters at The Times and The Washington Post, among others, have lately made real strides in explaining how the game works. But we still don’t know the identities of most of those anonymous donors.

...However much these corporate contributors may share the Tea Party minions’ antipathy toward President Obama, their economic interests hardly overlap. The rank and file Tea Partiers say they oppose government spending and deficits. The billionaires have no problem with federal spending as long as the pork is corporate pork. They, like most Republican leaders in 2008, supported the Bush administration’s Wall Street bailout. They also don’t mind deficits as long as they get their outsize cut of the red ink — $3.8 trillion worth if all the Bush tax cuts are made permanent.

...along comes this marvelous gift out of nowhere, Christine O’Donnell, Tea Party everywoman, who just may be the final ingredient needed to camouflage a billionaires’ coup as a populist surge. By the time her fans discover that any post-election cuts in government spending will be billed to them, and not the Tea Party’s shadowy backers, she’ll surely be settling her own debts with fat paychecks from “Fox & Friends.”

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