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Americans are angry at the big-time bankers and brokers, and yet, far from a populist attack on crony capitalism, Wall Street is sitting pretty, looking ahead to a presidential election that it can’t possibly lose. They have bankrolled a nifty choice between President Obama, the largest beneficiary of financial-industry backing in history and Mitt Romney, one of their very own.
One is to the manner born, the other a crafty servant; neither will take on the power.
-- Joel Kotkin at NewGeographpy.com
Mr. Kotkin notes that Wall Street has not had to suffer even one single prosecution under the Obama administration for their malfeasance, and as for Romney, despite the fact that the Tea Party arose from the financial crisis and massive government bailouts, Romney's "idea of populism seems to be donning a well-pressed pair of jeans and a work shirt." In sum, the game isn't changing, and we're just going to keep getting sicker and sicker until... I don't know, maybe the world ends, or at least life as we know it ends, at least for the bottom 80% of us.
One is to the manner born, the other a crafty servant; neither will take on the power.
-- Joel Kotkin at NewGeographpy.com
Mr. Kotkin notes that Wall Street has not had to suffer even one single prosecution under the Obama administration for their malfeasance, and as for Romney, despite the fact that the Tea Party arose from the financial crisis and massive government bailouts, Romney's "idea of populism seems to be donning a well-pressed pair of jeans and a work shirt." In sum, the game isn't changing, and we're just going to keep getting sicker and sicker until... I don't know, maybe the world ends, or at least life as we know it ends, at least for the bottom 80% of us.
