Perhaps I'm a bit jaded, but what these "oligarchs" - whether liberal or conservative, Democrat or Republican - really want is the protection of their own wealth, regardless of which candidate or party wins. That's why so many of today's Democratic politicians are "wall street/corporate" Democrats - socially liberal, but essentially otherwise conservative. And that's why many "traditional" Democrats those like FDR, Truman, LBJ etc., are now branded as liberal/leftist.The politics and policies of both parties have shifted rightward on economic, tax and related issues. That was the inevitable result of the excessive and largely unfettered campaign funding, described in this article.
Spot on. They tried to bring back the Clinton wing of democratic party, as if we owe them anything, and lost big. Clinton wing may have the support of Wall Street, and the pro-Israel crowd, but that's it, the rest of us don't even consider them to be democrats. But hey, keep it up and see how easily 2016 hopes will evaporate. Personally, I will vote for Rand Paul before I vote for Hillary.
Great, so the next time Wall Street bans go bust gambling with depositors' money and 401Ks, tax-payers can fork over $1T instead of $800B. Sickened the president would even consider signing this crap instead of explaining to the American public that this bill guarantees more tax-payer bailouts. Tax payers across party lines loath bailouts. Make it an issue and kill the bill.
Oh, really? Your argument falls flat on its face. Democrats voted to confirm these three. Scalia 98-0.Kennedy 97-0.Roberts 78-22.DLC-style Democrats -- the Clintons, Obama, and other Wall Street sock-puppets -- brought on this slow turn to a corporate state. That's where they find the campaign donations to further their own self-aggrandizement.Other than their own self-serving propaganda, what leads you to believe either political party wants to stop it?Only one Democrat in the Senate gives a bleep. The other Senator who does has the good sense to be an Independent.
It is the Republican led House of Representatives that is out of step and radicalized; aided and abetted by obstructionists like Mitch McConnell and his ilk in the Senate. The Right Wing of the Republican Party has their hands on the throat of the Republican leadership. Their influence vastly exceeds their actual numbers not unlike their brethren the NRA. We have witnessed this phenomena before during the McCarthy Era. People are sick and tired of the obstructionist gridlock; yet polls indicate they are going to vote for a Republican majority in the Senate? Go ahead and stick those scissors in the wall socket and see what it gets ya!!
It's likely true that the Tea Party doesn't understand Keynes but Wall Street certainly does. But they find it easier to get their profits more directly from QE stimulus rather than the messy process of economic expansion from the bottom up. No matter that we could have fixed bridges and roads, improved education and health and accomplished so much more than simply lining the pockets of the capaign financiers. This report along with Sam Brownback's costly Kansas experiment should spell the death of "Trickle Down" economics.
Mr. Bharara is a stand out prosecutor. His record against so many malefactors across sections of society is truly incredible. Wall Street, Diplomats (foreign), Drug lords and (incredibly) the governor of his own party! The rich field of targets surely was always there - just never acted upon at least at this level and scale.
The plutocracy controls all of the Republican Party and much of the Democratic. The President has shown himself time and time again to be in the pockets of the the too-big-to-fail banks and the Wall Street crooks. It is not a Republican vs. Democrat conflict that has resulted in the decay of our infrastructure, it is because the class war is over and the the rich won. Americans can thank themselves for voting into office puppets of the uber-rich who will soon own all of the nation as we evolve into society of economic slaves.
"....it reflects the destructive ideology that has taken over the Republican Party."I think those of us who do not share the "ideology" of Republican's need to come to terms with this reality:Republican ideology is actually very constructive for those that it serves (household with incomes in the top 10%, Wall Street bankers, etc.).This crew of Republicans has no interest in the greater good and public enhancement projects. It's all about making the wealthy wealthier. And, guess what, that policy seems to be quite efficient and constructive.