Who loses in this battle of the oligarchs? Everyone who depends on the markets to accurately give information, and to provide fundamental services, like fairly priced credit._____
And who wins? The politically well-situated, who can profit from credit and regulatory policies whether those are implemented by Republicans or Democrats.
American democracy and the prosperity needed to sustain it are both diminished when Wall Street, the great engineer of the 2008 crash, is all but assured of victory in November.
Along the same lines, Paul Craig Roberts analyzes why people keep voting against their economic self-interest.
Thirty years of nonstop brainwashing have taken their toll:
So which do you want? The Republican panderer to the rich and Israel whose foreign policy is war or the Democrat panderer to the rich and Israel whose foreign policy is war? As Gerald Celente wrote in the July issue of the Trends Journal, americans “argue among themselves why their freak is better than the other freak. They will get angry with you if you call their freak a freak. They will actually fight and die to defend their freaks.”
It is extraordinary that millions of americans actually believe fervently that it matters whether Romney freak or Obama freak gets elected. If americans had any sense, they would stay home and not vote. The 1% control the country, and the 99% had just as well own up to it and stay at home. Nothing is going to change because of the ballot box.
The US is ruled by a private oligarchy. The government is merely their front. The country’s resources are diverted to the pockets of Wall Street, the military/security complex, and to the service of greater Israel. The oil, mining, timber, and agribusiness companies control the Environmental Protection Agency and the Forestry Service, which is why regulation only pertains to the small individual, while fracking, mountaintop removal mining, and pollution of air, water, and soil run wild.
It's almost hopeless except through bloodshed, which I fear will happen.
Paul Krugman has a handful of words to say on the proposed GOP ticket to nowhere.