"Remember this, take it to heart, live by it, die for it if necessary: that our patriotism is medieval, outworn, obsolete; that the modern patriotism, the true patriotism, the only rational patriotism, is loyalty to the Nation All the time, loyalty to the Government when it deserves it" - spoken by Tsar Nicholas II in Twain's The Czar's Soliloquy, 1905.---
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January 29, 2013 |
After all the big news last week about Barack Obama’s all-too-close relationship with Wall Street, my dad and I got into a back and forth email exchange about whether to feel optimistic about the president’s second term and about how to explain the administration’s refusal to prosecute a single banker connected to the financial meltdown.
Though my father is no Obama apologist by any stretch, his politics lean liberal, and so in response to watching last week’s PBS Frontline report, he asked me questions that were similar to those I’ve heard before. He wants to believe Obama really hopes to “hold Wall Street accountable,” as the president claimed, and so my dad wonders whether the president’s refusal to do so can be explained by something other than corruption. He wants to believe — or at least to explore the possibility — that the depressing situation isn’t simply about Obama raking in massive Wall Street contributions and then paying back his donors with immunity from prosecution — immunity, mind you, that the rest of us are not afforded.
In
2010, the Supreme Court opened the floodgates for the corporate
takeover of American politics with the Citizens United decision, which
held that corporations are not only people, but have the right to
effectively buy elections outright. In 2012, we saw the the decision’s
disastrous effects: corporate money flooded into elections at
unprecedented levels. three billion $'s to choose two clowns that share the same rhetoric............kos 
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