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View Diary: Taibbi, Naked Capitalism Re: Our Bipartisan "Fraudemocracy" (261 comments)

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  •  We Live in a Kleptocracy (21+ / 0-)

    We have a government that turns a blind eye to the crimes commited by the rich and powerful.  They are allowed to rob us blind.  

    And that is just when they commit actual crimes, because our government is so controlled by the rich and powerful that many of our laws have been changed so that actions which used to be crimes are now perfectly legal.

    And when our economy collapses because we live in such a corrupt kleptocracy, our government takes our tax money from the public purse and gives it to the rich and powerful who caused the collapse so they will not have to suffer like everyone else.

    And after all this, when tens of millions of Americans have lost their jobs, and our governemnt has bailed out the criminals who have corrupted our government and caused this collapse, we get kabuki theater from our elected officials.

    I'd be shocked if any real financial reform comes out of this.  If Obama and the Senate were too corrupted by the insurance companies to pass real healthcare reform, I don't see how they can take on the much more powerful banks.        

    Please remember that Obama got more money to fund his election from the finance industry than any other canidate in history.  Thus, I wouldn't be at all suprised to see that the "financial reform" bill Obama ends up signing mandates that all Americans must get a trading account at Goldman Sachs, and open up a savings account at CitiBank.  Just like with "healthcare reform."    

       

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