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View Diary: Remember those righteous Savings and Loan prosecutions? (38 comments)

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  •  agreed (0+ / 0-)

    I think the Pecorra commission sold a false story about how some bad people abused a fair system. Furthermore, I have been persuaded by the most successful Democratic politician of the last 50 years that the political tactic of attempting to ride populist anger only works for the right in the current era - and I found that a very uncomfortable lesson to learn. 20 years ago I cheered for Chomsky, Kucinich, and Cornel West - who  I thought were brave political truthtellers. Now I think they were selling self-righteous political indignation as a kind of theater  while the far right was steadily building political power and that the second two turned out to be self-promoting charlatans taking advantage of suckers like me.

    If you want justice, you have an obligation to find methods that have some chance of working.

    self-appointed intellectual cop

    by citizen k on Sat Jan 26, 2013 at 01:20:30 PM PST

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    •  I beg to differ (4+ / 0-)

      I think it's pretty clear that President Obama's political fortunes turned only after he embarked on a more populist course in the aftermath of the debt ceiling disaster, and I believe it is the continuation of Obama's populism after his re-election that has sustained his political success and popularity since.  

      “Th’ noise ye hear is not th’ first gun iv a revolution. It’s on’y th’ people iv the United States batin’ a carpet.” - Mr. Dooley

      by puakev on Sat Jan 26, 2013 at 01:36:49 PM PST

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