Thursday, January 12, 2012

Predatory capitalism on trial

Charlie Pierce is right of course, this argument is bigger than Bain. It's about how money has corrupted the system almost beyond repair. And there aren't a lot of ways to fix it.
What's left is 2012. If we wind up with a Republican congress and a Democratic president, that is going to be pretty bad. If we end up with a Republican sweep, that's going to be worse. The mild Dodd-Frank regulations will be swept away. Any attempt to reverse Citizens United through the amendment process will die a'borning. Even if, by some miracle, the Democrats were to wind up with the House, the Senate, and the White House, the chance that the money power will be broken by that development is fairly slim, but it is the only chance that's out there. I've spent a month in the middle of an ongoing hostile corporate takeover of a self-governing republic, an attempt to hijack a country by the same people who nearly wrecked it, and who are hijacking it so that they will never be held accountable for what they did, and so they'll have the opportunity to do it again. This election isn't about the presidency. It's about the power of money in our democracy, and it's about the poison of money in our souls. That's the debate we should be having. That's the debate we should demand
.Yeah, you don't want to hear it's the most important election ever, but really, this time it is. Look at what happened since 2010. This very likely is our last chance.

[More posts daily at the Detroit News.]

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