Tuesday, April 26, 2011

Why Wall Street Is Winning

Click here to access article by Danny Schechter from Common Dreams.

Yes, it's clear--they are winning, and I hate to see it. But, Schechter is right, and he explains how. On the other hand, they have only won the first round of battles. There are many more to come. As the lives of working people continue to sink in the swamp of global capital's neo-liberal policies, they may eventually wake up and fight back in greater numbers to turn the tide in their favor.
“They run the place,” he [Sen. Dick Durbin] said matter of factly.

The comment was then treated as a sidebar in the few newspapers that carried it, perhaps because it hinted at how interests, not ideology, dictate what happens on Capital Hill.

The remark about a shadowy power structure far more important than all the partisan in-fighting that dominates the news is worth recalling as a way of explaining how little has been done to rain
[sic] in Wall Street in the years since its crash virtually wrecked the global economy.