[Marxism] Glenn Greenwald - Wall Street's Ownership of the Federal Government

Dbachmozart at aol.com Dbachmozart at aol.com
Sun Apr 5 11:32:21 MDT 2009




 
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Just think  about how this works.  People like Rubin, Summers and Gensler 
shuffle back  and forth from the public to the private sector and back again, 
repeatedly  switching places with their GOP counterparts in this endless 
public/private  sector looting.  When in government, they ensure that the laws and  
regulations are written to redound directly to the benefit of a handful of Wall  
St. firms, literally abolishing all safeguards and allowing them to pillage 
and  steal.  Then, when out of government, they return to those very firms  and 
collect millions upon millions of dollars, profits made possible by the laws  
and regulations they implemented when in government.  Then, when their  party 
returns to power, they return back to government, where they continue to  use 
their influence to ensure that the oligarchical circle that rewards them so  
massively is protected and advanced.  This corruption is so tawdry and  
transparent -- and it has fueled and continues to fuel a fraud so enormous and  
destructive as to be unprecedented in both size and audacity -- that it is  
mystifying that it is not provoking more mass public rage.
 
full article  --
 
 
<http://www.salon.com/opinion/greenwald/2009/04/04/summers/index.html>
 
 

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