David Stockman comments on Mitt Romney’s version of capitalism

Appearing on Dylan Ratigan’s show today, David Stockman, an ardent traditional capitalist, criticized the leveraged buyouts engaged in by Mitt Romney at Bain, labeling this behavior speculation, crony capitalism and “an inside job.” Stockman served as Director of the OMB. during Ronald Reagan's Administrations. Stockman hammered Obama as well, based on Obama's acquiescence toward out-of-control Wall Street banks. He points out that the elephant in the room is the Federal Reserve, which is churning out endless money, thus bloating the financial sector.  Stockman urges that we need to bring back Glass-Steagall as the starting point for a solution to this mess.   Stockman also sharply criticized Newt Gingrich's claim that he served as an "historian" for Freddie Mac.

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Three hour visit with Chris Hedges

After listening to the first hour of this video featuring writer Chris Hedges, I'm started by two things. First, it surprises me that I agree with so much of what Hedges has to say. Not everything he says, but much of it, including Hedge's critique of much of Obama's health care program, which he considers to be a bailout to the insurance industry and big pharma. I think he is spot-on with his characterization of the United States as a case of "inverted totalitarianism," ruled by anonymous corporate forces. Second, looking back at what I used to believe only 10 years ago, I'm amazed at how much my views have changed regarding the United States. Occasionally, it still feels like my country, for instance, during the pushback to SOPA and PIPA. But mostly, it doesn't feel like a country that belongs to the People. There is much to love about many of the people and places of the United States, and I suspect that we're going to officially be around as a country for a long time, but I'm afraid that I agree with Hedges assessment that we have "hollowed out" the innards of who we were, and we are now seeing a vast unsustainable empire in the throes of collapse. The people bearing the brunt of this collapse are ordinary citizens who have conned by the corporate elite in ways too numerous to count involving "free elections," warmongering, spying on citizens, banks' purchase and abuse of Congress and much more. If one ware to write an honest civics book for grade school children, it would need to say dozens of inconvenient truths that would cause uproars at the PTA meetings. But maybe that is what we need.

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Every political topic revolves around Citizens United

Bernie Sanders Points out that every political topic is affected by Citizens United:

If you are concerned about the collapse of the middle class, you should be concerned about how American campaigns are financed. If you wonder why the United States is the only country in the industrialized world not to have a national health care program, if you're asking why we pay the highest price in the world for prescription drugs, or why we spend more money on the military than the rest of the world combined, you are talking about campaign finance. You are talking about the unbelievable power that big-money interests have over every legislative decision.
The corporate coffers are wide open, thanks to a mere 5-4 majority:
It's a virtual certainty that all of this spending will fundamentally distort our democracy, tilting the playing field to favor corporate interests, discouraging new candidates, chilling elected officials and shifting the overall policymaking debate even further in the direction of giant corporate interests and the super-wealthy.
I agree completely. Until we overturn Citizens United (by passing a constitutional amendment -- perhaps one of these), we are incapable of having any honest discussion with our politicians.

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