The quote used in the title is from Barack Obama about three years ago. It obviously was incorrect. The past is a guide to the future. But so are views of the future from the past. How prescient were some in terms of understanding what was coming? Identifying someone based on his prior assessment of [...]
Tag archives for Oligarchy
Democracy Down, Oligarchy Up
The article below is long and worth reading. It captures much of what many Americans now feel about their country. It is well-referenced with historical quotes that indicate the fears and prescience of our ancestors. Much of the knowledge that preceded us has been lost, seemingly displaced by the mass attraction of soap operas, Dancing [...]
Simon Johnson: “Quiet Coup” Prevents Solution To Economic Problems
FINANCIAL OLIGARCHY RUINING THE ECONOMY “… recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.” The Atlantic, May 2009 Many believe that the US has become a financial oligarchy with large financial firms running the government. [...]
The Oligarchy Running the Country
Image by f650biker via Flickr Commentary by Chris Whalen: “I submit that our spendthrift government, the Federal Reserve System and the TBTF banks together now comprise the paramount political tendency in America today. This tripartite “Alliance of Convenience,” let’s not call it a conspiracy, fits beautifully into the corporatist mold that seems to be America [...]
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