March 31, 2011 Leave a comment
So, I’m actually at a political science conference learning all sorts of fascinating new things in Political Science. Really. Well, sort of, when I’m not socializing with old friends. I hope to have some good posts on some of this next week. As for now, it’s about time for more socializing, but I thought I’d at least share this great Kevin Drum quote on who really runs the show in America– hint, it’s not the little guy:
Years ago I remember a lot of moderate liberals talking about how the Bush era radicalized them. For me, it was the economic collapse of 2008 that did it. The financial industry almost literally came within a hair’s breadth of destroying the world, but even so it took only a few short months for them to close ranks with Republicans and the rich to prevent anything serious being done to rein them in. Profits are back up, new regulations are barely more than window dressing, nothing was done to help underwater homeowners, bonuses are as obscene as ever, unemployment remains sky high, and the public has somehow been convinced that this was all their own fault — or perhaps the fault of big government, or big deficits, or something. But the finance industry has escaped almost entirely unscathed. It’s mind boggling. If this doesn’t change your view of who really runs the world, I don’t know what would.