Skip to main content

View Diary: Wall St. Bailout: Exec Pay Limits 'Effectively Repealed' By WH (170 comments)

Comment Preferences

  •  Matt Taibbi nailed this phenomenon: (13+ / 0-)

    "It [the electorate] completely misunderstands the nature of American government - fails to see the old maxim about "the business of America is business" is absolutely true, that the federal government in this country is really just a low-rent timeshare property seasonally occupied by this or that clan of financial interests, each of which takes its four-year turn at the helm, tinkering with the tax laws and regulatory code and the rates at the Fed in the way it thinks will best keep the money train rolling."

    Having credibility when making an argument is the straightest path to persuasion.

    by SpamNunn on Mon Dec 15, 2008 at 10:39:50 AM PST

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site