On The Mall of Washington DC, the George Soros funded Tides Foundation held it’s One Nation Working Together Rally today at the base of the Lincoln Memorial. Also referred to as ’10-2-10′, mimicking the highly successful 8/28 Rally held by Glenn Beck, the One Nation Rally was sponsored by some 400 groups. Those attending were from major labor unions, such as SEIU, the AFL-CIO and the American Teachers Federation, along with hundreds of other organizations ranging from the Center for American Progress and the National Association for the Advancement of Colored People to the Communist Party USA. Unlike Glenn Beck’s rally where over 500,000 people gathered to hear from speakers like Sarah Palin, about 150,000 appear to have assembled to bash Capitalism and advocate more gun control.

NOTE: After a closer review of photos of the crowd, my new estimate is that the One Nation rally attendance was well under 100,000.

Demonstrators pushing for progressive policies take part in the One Nation Working Together rally on the National Mall in Washington October 2, 2010. REUTERS/Kevin Lamarque (UNITED STATES - Tags: POLITICS CIVIL UNREST)

The One Nation Rally featured speakers from unions, as well as groups like La Raza, the Sierra Club and the PFFLG – Parents, Families and Friends of Lesbians and Gays. The theme of the event is dissatisfaction. Progressives are dissatisfied the state of the nation. They desire America to be reconstructed.

But while these Liberals bandy about their tired, worn out slogans of “jobs, justice and education”, they offer no solutions to paying the piper. That fat union pension plans, health care for all and endless social safety nets have a price which keeps getting larger and larger.

The U.S. Federal government already has an ‘on budget’ debt load approaching $14 Trillion dollars. Add to that the shortfalls in state and municipal governments, plus deficits in public employee pension plans, takes us to nearly $20 Trillion dollars.

Then comes that foggy-gray netherworld of unfunded mandates, commitments and contingencies. That is estimated somewhere between an additional $70 Trillion to as much as $120 Trillion dollars. All of which is a burden to future generations.

Economist Peter Morici of the University of Maryland recently wrote “The Decadence of Election 2010” for his blog (see below), where he paints a grim future for the prospects of America. He does not believe that the GOP, nor the Tea Party, can reverse the decline of the country. Morici blames both the Democrats and Republicans for our current ills. His objective view slams presidents from Clinton through Obama for the mess that we face.

Morici narrows the problem down to four key elements. Our health care costs too much, 50% more than the socialized medicine of Europe. Wall Street and the banking industry are too greedy. China has been given too much of a free hand to dominate our economy. And that we are nowhere near a solution to moving away from oil and fossil fuels.

At the heart of each is the corrupt alliance between corporations and our Federal government. Greed and power have run amok. This now filters down through lower levels of the food chain, such as government employee unions. The average government worker earns double a private sector counter-part. A smaller percentage of private sector workers have lavish pensions or even the job security enjoyed by government workers.

We are watching now in Europe the result of such economic displacements. Much of this week saw violence and angry protests from government employees now facing reductions in pay and benefits in many European countries. An attempted coup in Ecuador this week was launched by angry police and soldiers, upset over reductions in salary and benefits they are subject to.

Some say that the Capitalist system has failed. That this economic unwinding is a direct result of deregulation and greed. But even Morici acknowledges the roots of our despair lie political policies, such as giving Fannie Mae and Freddie Mac a free hand to over-value the housing market. Allowing China and oil sheiks to fuel the mortgage bubble further purchasing excessive bonds and derivatives.

The mood in America, let alone much of the rest of the world, is getting uglier. How long will it be before we see the sort of demonstrations and violence that happened in Europe this week? Who will step forward with solutions to resolve our massive debts and institute a gradual easing of social programs and obligations?

Don’t bother looking at the groups attending the One Nation Working Together rally today. Groups like the National Association for the Advancement of Colored People are calling for more spending, more stimulus, more government and more gun control. The One Nation rally attendance may not have the numbers as Glenn Beck’s 8/28 did. But then they do not have Sarah Palin as a speaker, nor Glenn Beck as the host. The best they could do at the Lincoln Memorial is to round up thugs from the AFL-CIO and the lamest TV-radio host on the airwaves, Ed Schultz. Lacking the grass roots of the Tea Party, the One Nation Rally relies instead on the sinister octopus of the groups funded by George Soros.

Related Articles:

The Decadence of Election 2010

Liberals seek to rally base

Labor Groups Rally in Washington to Urge Jobs Spending, Counter Tea Party