Who Will Pay Your Debt?

Ai Weiwei returned to the news today. He lost his “tax evasion appeal”. His latest act of resistance is to refuse to pay the extra $1 mil plus over which he had appealed. Everyone will be watching to see how much voice he will have now that the issue has been transformed into a dispute over debt. Yesterday also saw an article on MoneyWatch by David Weidner entitled How Obama failed to rein in Wall Street (AP 9/26/12). Suffice to say it insightfully details how any response to the criminality which led to the near catastrophe of 08-09 is a non-event. The Obama administration not only is loaded with Wall Street insiders, but legislation like Dodd Frank or the new Consumer Financial Protection Bureau are designed to fail. Walls Street owes no debt to any nationality (truly non-partisan!). And then today, the presidential candidate with the largest campaign coffer has released a 2 minute ad touting “economic patriotism” (for a drowning populace already inundated by back to back 30 second political ads). I guess the outcome of Citizens United is becoming increasingly transparent. Not wanting to be the number 2 economy means we will just have to outdo the Chinese in our economic fervor. Either way, political governance has become capitalized.  What you pay will determine your political engagement. Economic sanctions will be used to suppress. Economic largesse will determine outcome. Being in or out of debt produces the contemporary “sense” of Ranciere’s dissensus politic. Demanding to be included essentially means going in debt. Who Will Pay Your Debt?

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