The documentary film “Inside Job” makes it perfectly clear that there is only one party in DC: The Wall Street Party. With five Wall Street minders for every elected official in DC, why are we surprised? There are of course a few exceptions, but their legislative record suggest they are essentially ineffective.
The Wall Street Party has constructed a circular tautology that incorporates 1] Wall Street; 2] Government; 3] Academia, and 4] The Press — the American Gang of Four.
It is no surprise that the Wall Street Party has a principle goal of privatizing wealth via tax cuts for themselves, while socializing the pain and suffering by slashing public spending for security in employment, health and education.
Tautologies, such as the ones that prop up the Wall Street Party, are constructed for the sole purpose of being unarguably true and are by design incapable of disproof. A prime example of the Wall Street Party's abuse of reality is their hijacking and distortion of the works of Adam Smith.
Of course tautologies are false reality distortion bubbles. They can only paper over the diversion from reality just so long. Then they fail in a big way. A prime example of this would be the former USSR.
The best way to deal with this is most likely an open source refutation [refudiation?] of the claims of the Wall Street Party.
Phi Beta Iota: Reprinted from Facebook with permission of the author.
