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The Remarkable Political Stupidity of the Street
From Robert Reich:
“…when it comes to the regulation of Wall Street, one overriding cost doesn’t make it into any individual weighing: The public’s mounting distrust of the entire economic system, generated by the Street’s repeated abuse of the public’s trust.”
Robert Reich: The Rebirth of Social Darwinism
What kind of society, exactly, do modern Republicans want? I’ve been listening to Republican candidates in an effort to discern an overall philosophy, a broadly-shared vision, an ideal picture of America.
They say they want a smaller government but that can’t be it. Most seek a larger national defense and more muscular homeland security. Almost all want to widen the government’s powers of search and surveillance inside the United States – eradicating possible terrorists, expunging undocumented immigrants, “securing” the nation’s borders. They want stiffer criminal sentences, including broader application of the death penalty. Many also want government to intrude on the most intimate aspects of private life….
Robert Reich speaks at UC Berkeley:
“…there are a few supreme court decisions that have said, that essentially, money is speech and corporations are people. Now when you think that money is speech and corporations are people, that becomes extraordinarily important to protect the first amendment rights of ordinary americans, of regular citizens, of students, of everybody else who doesn’t have the money and who is not a corporation.”
….
“….all of you, right now, understand intuitively, that if we allowed American to continue in the direction it was going, when the wealth and the income and the power and the political potential for corruption that all of that represents, that the bullies would be in charge. And you know and you understand how important it is to fight the bullies, to protect the powerless, to make sure the people without a voice have a voice.”
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