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From the end of the World War twenty-one years ago, this country, like many others, went through a phase of having large groups of people carried away by some emotion--some alluring, attractive, even speciously inspiring, public presentation of a nostrum, a cure-all. Many Americans lost their heads because several plausible fellows lost theirs in expounding schemes to end barbarity, to give weekly handouts to people, to give everybody a better job--or, more modestly, for example, to put a chicken or two in every pot--all by adoption of some new financial plan or some new social system. And all of them burst like bubbles.Some proponents of nostrums were honest and sincere, others--too many of them--were seekers of personal power; still others saw a chance to get rich on the dimes and quarters of the poorer people in our population. All of them, perhaps unconsciously, were capitalizing on the fact that the democratic form of Government works slowly. There always exists in a democratic society a large group which, quite naturally, champs at the bit over the slowness of democracy; and that is why it is right for us who believe in democracy to keep the democratic processes progressive--in other words, moving forward with the advances in civilization. That is why it is dangerous for democracy to stop moving forward because any period of stagnation increases the numbers of those who demand action and action now.

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Indifferent to truth, willing to use police-state tactics and vulgar libels against inconvenient witnesses, hopeless on health care, and flippant and fast and loose with national security: The case against Hillary Clinton for president is open-and-shut. Of course, against all these considerations you might prefer the newly fashionable and more media-weighty notion that if you don't show her enough appreciation, and after all she's done for us, she may cry.

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There are few genuine conservatives within the U.S. political system, and it is a sign of the intellectual corruption of the age that the honorable term 'conservatism' can be appropriated to disguise the advocacy of a powerful, lawless, aggressive and violent state, a welfare state for the rich dedicated to a lunatic form of Keynesian economic intervention that enhances state and private power while mortgaging the country's future.

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This story is the ultimate example of American__ biggest political problem. We no longer have the attention span to deal with any twenty-first century crisis. We live in an economy that is immensely complex and we are completely at the mercy of the small group of people who understand it _ who incidentally often happen to be the same people who built these wildly complex economic systems. We have to trust these people to do the right thing, but we can__, because, well, they__e scum. Which is kind of a big problem, when you think about it.

MT
Matt Taibbi

Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America