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Old 06-25-2010, 02:53 PM   #210
dreadgeek
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Default Banks, Congress and 'Banking reform' critique done right

With all the talk of late of how the mainstream media just wants to distract us and my own criticism of just throwing flames of the 'all politicians are thugs throw 'em all to the wolves' I thought it might be helpful to post an example of critique of our political system that is useful. I'm not a Dylan Ratigan fan which, ironically, is why I chose this piece of his.

Here's the flames--right up front:

The same Washington spinsters who have driven our country into the ground seem to be out in full force this morning, claiming that their latest policy "victory" is the most "sweeping change" of our financial regulatory since the Great Depression.

Actually, it is nothing more than window dressing.


But he doesn't just call them spinsters and leave it at that.

Meanwhile, all involved in the facade try to pretend that this should be considered a success because, gosh, real financial reform is just too hard and those crafty banksters will just outsmart us anyhow. Many in the media are either too complicit, too confused or too lazy to contradict this spin, but the rest of us shouldn't buy that BS. Real and lasting financial reform is actually quite easy to implement -- and the last time we had a crisis of this magnitude, we kept the banksters in check for 70 years.

Here there's a least the hint of solutions. My problem isn't with critiques, my problem is with critiques that are reactionary, fact-free or fact-poor and don't even suggest that the problem might be solvable, even in principle.

Cheers
Aj
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"People on the side of The People always ended up disappointed, in any case. They found that The People tended not to be grateful or appreciative or forward-thinking or obedient. The People tended to be small-minded and conservative and not very clever and were even distrustful of cleverness. And so, the children of the revolution were faced with the age-old problem: it wasn’t that you had the wrong kind of government, which was obvious, but that you had the wrong kind of people. As soon as you saw people as things to be measured, they didn’t measure up." (Terry Pratchett)
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