Friday, March 30, 2012
If you believe the US is a democracy, if you believe in the rule of the many and not the rule of the few, then the Citizens United ruling could not be more troubling. But what if this is not a democracy? What if this, as Dionne suggests, is an oligarchy of billionaire capitalists? More horrible to ponder, what if democracy is yet more intellectual cover, another one of those illusions, for the exploitation of American workers? Then the theory of the ruling class fits perfectly. Citizens United and the United States were made for each other. What if democracy is just an illusion? | John Stoehr (via ronmarks)
Monday, December 19, 2011
When it comes to making laws that protect the public from the financial services industry, Congress has done a progressively worse job since the Pecora Commission hearings of the early 1930s, which led to Congress taking bold steps to regulate banking and securities firms in 1933 and 1934. By the time of Enron in 2001-2002, Congress was hesitant and vacillating. In 2008-2009 it was feeble. Today, with Republican dominance meaning it does literally nothing — except, perhaps, weaken what has already been enacted that impedes Wall Street — it is a joke. Ringmasters at the Corzine circus (via theamericanbear)
Saturday, September 10, 2011
oinonio:

I’m looking at you, Tea Party.

It’s like he’s staring into their eyes, looking for evidence of souls… But there’s only cold, dark, emptiness - full of dollar signs and the despair of the middle class.

oinonio:

I’m looking at you, Tea Party.

It’s like he’s staring into their eyes, looking for evidence of souls… But there’s only cold, dark, emptiness - full of dollar signs and the despair of the middle class.

Wednesday, September 7, 2011