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Wall Street's Banksters and flim flam men.


Frank Rich really nails them today. I especially like the last part.
Gorn writes that the current economic crisis helped
him understand better why Americans could root for a
homicidal bank robber: "As our own day's
story of stupid policies and lax regulations, of
greedy moneymen, free-market hucksters, white-collar
thieves, and self-serving politicians unfolds, and as
banks foreclose on millions of families' homes,
workers lose their jobs, and life savings disappear,
it becomes clear why Dillinger's wild ride so
fascinated America during the 1930s." An outlaw
could channel a people's "sense of rage at
the system that had failed them."

As Gorn reminds us, Americans who felt betrayed
didn't just take to cheering Dillinger; some
turned to the populism of Huey Long, or to right-wing
and anti-Semitic demagogues like Father Coughlin, or
to the Communist Party. The passions unleashed by
economic inequities are explosive because those
inequities violate the fundamental capitalist faith.
It's the bedrock American dream that virtues
like hard work and playing by the rules are rewarded
with prosperity.

In 2009, too many who worked hard and played by the
rules are still suffering, while too many who bent or
broke the rules with little or no accountability are
back reaping a disproportionate share of what scant
prosperity there is. The tepid national satisfaction
taken in Bernie Madoff's terminal prison
sentence should be a warning to the White House. In
the most devastating economic catastrophe since
Dillinger's time, many Americans know all too
well that justice has yet to be served.
Even Barny Frank know how much people hate these Wall Street
slime. However Obama still seems oblivious to this. Not good.

C

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cmaukonen

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  • Location Central Florida
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