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[Marxism] Glenn Greenwald - Wall Street's Ownership of the Federal Government







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Just think about how this works. People like Rubin, Summers and Gensler
shuffle back and forth from the public to the private sector and back again,
repeatedly switching places with their GOP counterparts in this endless
public/private sector looting. When in government, they ensure that the laws
and
regulations are written to redound directly to the benefit of a handful of Wall

St. firms, literally abolishing all safeguards and allowing them to pillage
and steal. Then, when out of government, they return to those very firms and
collect millions upon millions of dollars, profits made possible by the laws
and regulations they implemented when in government. Then, when their party
returns to power, they return back to government, where they continue to use
their influence to ensure that the oligarchical circle that rewards them so
massively is protected and advanced. This corruption is so tawdry and
transparent -- and it has fueled and continues to fuel a fraud so enormous and
destructive as to be unprecedented in both size and audacity -- that it is
mystifying that it is not provoking more mass public rage.

full article --


<http://www.salon.com/opinion/greenwald/2009/04/04/summers/index.html>



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