Referring to the Democratic Party meltdown in allowing a provision sneakily put in the latest budget bill (by corrupt Wall Street Republican Congressman Kevin Yoder of Kansas) that allows Wall Street investment banks to gamble with taxpayer money and expect to be bailed out if their gamble fails, Matt Taibbi of Rolling Stone magazine wrote on December 13;
“If the Democrats actually stood for anything other than sounding as progressive as possible without offending their financial backers, then they would do what Republicans always do in these situations: force a shutdown to save their legislation. How many times did Republicans hold the budget hostage to rescue the Bush tax cuts? But the Democrats won’t do that here, because they’re not a real (political) party. They’re a marketing phenomenon, a big chunk of oligarchical”…”single furiously-money-collecting/favor-churning oligarchical Beltway party…cleverly sold to voters as the more reasonable and less nakedly corrupt wing of a two-headed political establishment.”
The budget battle of December 2014 proved a particularly gruesome point; both political parties have been totally corrupted by big money unleashed by the Reagan tax cuts, as well as other tax cuts, and the politicians of the US government are absolutely corrupt, with few exceptions, such as Bernie Sanders, Elizabeth Warren, Sherrod Brown, Jeff Merkley, Alan Grayson, and perhaps David Vitter. That’s why the political and economic game is totally rigged against the 99 percent.
For the rest of Matt Taibbi’s story, click the link below.
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