The Key to RFK’s New Populism—Root And Branch Reform Of The Fed (part 1)

If any evidence is needed that the Uniparty’s days are numbered, just note the lame response of Ronna McDaniel, the Republican National Committee’s hapless chairperson, to RFK’s electrifying announcement that he will run as an independent candidate for President. Rather than addressing head-on his call to a new declaration of independence by the betrayed, disillusioned, demoralized and feed-up of both parties, McDaniel’s resorted to schoolyard partisanship and name-calling:

“Make no mistake — a Democrat in Independent’s clothing is still a Democrat,” Ronna McDaniel said in a statement.

“RFK Jr. cannot hide from his record of endorsing Hillary, supporting the Green New Deal, fighting against the Keystone Pipeline, and praising [Rep. Alexandria Ocasio-Cortez’s (D-N.Y.)] tax hikes — he is your typical elitist liberal and voters won’t be fooled,” McDaniel said.

If that’s all the GOP can muster, RFK stands to peel even more votes from the Republican column than party insiders already fear. That’s because RFK is the very opposite of an elitist politician, and the coalition he is attempting to mobilize has nothing whatsoever in common with the K-street lobbies and beltway bandits who replenish the coffers of both wings of Washington’s Uniparty.

To the contrary, RFK’s Monday announcement was targeted directly at the left behind workers and earners across the whole expanse of Flyover America—both the traditional less privileged constituencies of the Democrats and the now hard-pressed pay-check producers who have gravitated to the Republican column, especially since the era of Ronald Reagan.

Today, as corrupt powers have overtaken our government, the ranks of the dispossessed have swelled beyond indigenous and Black people to include tens of millions of Americans who live paycheck to paycheck in financial desperation. The dispossessed also include the legions of the chronically ill, the addicted, the depressed, and the 80% of the country that can no longer afford a normal middle-class lifestyle.

In a word, after decades of inflation and offshoring, the broadly defined middle class has been left high and dry. The stunning fact is, inflation-adjusted hourly wages in the overall private sector in August were virtually identical to the level first achieved in January 1973.

That’s right. The real hourly earnings of middle-class wage workers have gone nowhere for the last half-century!