Read it and laugh, laugh, laugh:
You know, during the Bush administration, people threw the term “kleptocracy” around a lot. But back then, at least taxpayers were getting something for our money. For example, sure – we wasted a s***[bf]-ton of cash on Halliburton contracts, but at least Halliburton pretended to fulfill lots of essential services, even if they were ripping us off in the process.
Now, there’s no pretense. Taxpayer money is being handed over to the Manhattan millionaires who created this crisis, and we get absolutely nothing in return – not even the illusion of anything, really. In that way, the Masters of Wall Street and Washington have done what no one thought would be possible: They’ve turned this moment of political change and economic meltdown into an opportunity to distill kleptocracy into its most pure form.
The Nutroots sound like they’re almost starting to realize they’ve been hustled. It seems Obama realized all along there would be plenty he couldn’t change — or maybe just wouldn’t change. He just needed to repeat that ‘hope and change’ garbage long enough to win the White House.
Well, I’m sure these guys will be a lot harder to fool the next time around.
Jeff Emanuel
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