I completely missed the release of this film in July, and stumbled on it while picking movies for a sick son.
It opens with Henry Kissinger, since demonstrated to be a war criminal, calling Daniel Elsberg the most dangerous man in America, and lamenting the release of secret documents (that ultimately proved government perfidy). Fast forward to WikiLeaks as a sequel to the 935 documented lies led by Dick Cheney.
In this book, “deregulation” is a four-letter word: a synonym for leaving the U.S. taxpayer, U.S. markets and the U.S. reputation wide open to greedy mindless homegrown plutocrats. In short, it is a synonym for leaving the nation vulnerable to conscienceless unpatriotic Wall Street thieves.
Here in easy to understand language, Robert Scheer has pealed back the layers that cover up the whole stinking mess that has become “stripped-down vulnerable deregulated America.” The method of robbery is basically a five-step political process: (1) “demagog” FDR and all existing regulations relentlessly as the enemy of free enterprise; (2) use paid lobbyist to help justify, tear-down and then rewrite new regulations; (3) use lobbyists' contributions to buy off the votes of key politicians in both parties to open up the laws for the impending thievery; (4) once legislation is passed, oversee the Wall Street financial casino with watchdogs that do not watch; and then (5) appoint members of the plutocracy who stand to gain the most, as facilitators and the palace guards of policy.
The present system of “high-level state sanctioned grand larceny” was designed and implemented, not by Ronald Reagan, or GW Bush, but by William Jefferson Clinton with the help of none other than the gang of four — Timothy Geitner, Robert Rubin, Alan Greenspan, and Lawrence Summers. However, the unsung hero of the grand heist, was Windy Lee Gramm, senator Phil Gramm's paramour and then wife, (who as a grad student was first his lover and then very quickly his wife). It was this “devious duo” that engineered the plans for the ultimate robbery of the American economic system.
QUOTE (32): What has taken place over the last generation is a highly complicated merger of crime and policy, of stealing and government. Far from taking care of the rest of us, the financial leaders of America and their political servants have seemingly reached the cynical conclusion that our society is not work saving and have taken on a new mission that involved not creating wealth for us all, but simply absconding with whatever wealth remains in our hollowed out economy. They don't feed us, we feed them.
I defer to the other reviewers on the substance of the book, but want to provide links here to several books that address the larger context of the soul of capitalism and the corruption of the two political parties that have undermined the US Government and US economy with malice aforethought.
I am blogging twice a week at Huffington Post on what a Virtual Cabinet doing sane evidence-driven policies in the context of a balanced responsible budget might look like, and would welcome visits there by those interested in getting back to honest government and responsible capitalism.
This is an extraordinary book, combining gifted insights and turns of phrase with serious research that has a point worth fighting for: Wall Street led by Goldman Sachs has ripped off the entire US economy, and they still have most people thinking that politics matters.
It merits comment that while Michael Lewis was first, with Liar's Poker, and was recently quoted as saying he had no idea Wall Street would get away with these obvious high crimes against the public for another 30 years, this author takes us all up another level, weaving in everything–politics, culture, sex, booze, LSD, and the occasional rabbid racoon.
The author is especially deft at observing, documenting, and describing the combination of lunatic ignorance and blessed righteous anger within the Tea Party, at the same time that he points out they have no idea that they have been funded and directed by the very people who have stolen their economy out from under them.
I am especially impressed by the author's understanding of how Wall Street has managed to co-opt the very people they are destroying by leveraging the “shared” view of excessive government regulation. I for one absolutely believe that states should start nullifying federal laws and regulations that impair state-based businesses (e.g. butchers and cabinet-makers). What the people being destroyed do not understand is HOW they are being destroyed by Wall Street, which is essentially eating out the foundation from under them.
QUOTE (32): What has taken place over the last generation is a highly complicated merger of crime and policy, of stealing and government. Far from taking care of the rest of us, the financial leaders of America and their political servants have seemingly reached the cynical conclusion that our society is not work saving and have taken on a new mission that involved not creating wealth for us all, but simply absconding with whatever wealth remains in our hollowed out economy. They don't feed us, we feed them.
Since its publication in 1946, George Orwell's fable of a workers' revolution gone wrong has rivaled Hemingway's The Old Man and the Sea as the Shortest Serious Novel It's OK to Write a Book Report About. (The latter is three pages longer and less fun to read.) Fueled by Orwell's intense disillusionment with Soviet Communism, Animal Farm is a nearly perfect piece of writing, both an engaging story and an allegory that actually works. When the downtrodden beasts of Manor Farm oust their drunken human master and take over management of the land, all are awash in collectivist zeal. Everyone willingly works overtime, productivity soars, and for one brief, glorious season, every belly is full. The animals' Seven Commandment credo is painted in big white letters on the barn. All animals are equal. No animal shall drink alcohol, wear clothes, sleep in a bed, or kill a fellow four-footed creature. Those that go upon four legs or wings are friends and the two-legged are, by definition, the enemy. Too soon, however, the pigs, who have styled themselves leaders by virtue of their intelligence, succumb to the temptations of privilege and power. “We pigs are brainworkers. The whole
management and organisation of the farm depend on us. Day and night, we are watching over your welfare. It is for your sake that we drink that milk and eat those apples.” While this swinish brotherhood sells out the revolution, cynically editing the Seven Commandments to excuse their violence and greed, the common animals are once again left hungry and exhausted, no better off than in the days when humans ran the farm. Satire Animal Farm may be, but it's a stony reader who remains unmoved when the stalwart workhorse, Boxer, having given his all to his comrades, is sold to the glue factory to buy booze for the pigs. Orwell's view of Communism is bleak indeed, but given the history of the Russian people since 1917, his pessimism has an air of prophecy. –Joyce Thompson
Phi Beta Iota: Morality is how civilizations transmit the hard lessons of the past. Both Communism and Fascism–including Faux Democracy Of, By, and For the Corporations and Banks, lack morality. The only antidote to corrupt elites is educated non-violence, as both Thomas Jefferson and James Madison among others understood so well. This web site is an attempt to inspire public intelligence in the public interest.
Thomas Jefferson: A Nation’s best defense is an educated citizenry.
James Madison: Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives.
Published in 2002, this is a foundation book within the twelve books on Water that I am reading, with all reviews both here and at Phi Beta Iota the Public Intelligence Blog where you can easily use Reviews/Water to see all my reviews of books on water.
Right up front the author impresses me with her discussion of the paradigm war–a culture clash–between those who see water as sacred and its provision as a duty for the preservation of water, and those that view water as a commodity and its exploitation for profit as a fundamental corporate right.
Up front she lists and discusses the key lessons she has drawn: