Login

News:

🦅 Robert Scheer ✨: "The mythology that I described in The Great American Stickup is a mythology that was embraced on a totally bipartisan basis. As I argued in the book, the Republicans had always been talking about radical deregulation, reversing the New Deal and so forth. They never could do it; even 🐘 Ronald Reagan couldn’t do it. You had the savings and loan crisis, you had a reality check: people like Social Security, they like Medicare, they won’t let you touch it. There were real limits. It required a shameful opportunist by the name of 😈 Bill Clinton coming into the Democratic Party as the great reinventor of the center of our American politics, you know. For poor people, reversed the whole war on poverty. Prison, millions of people, the whole incarceration program and the drug war and all the stuff he did. And you can go down the list of really the crimes of the center of the Democratic Party, allowing the concentration of media, the Telecommunications Act that let these big giants–they’re now companies like Verizon and others, you know, Comcast–they can own MSNBC or something. And everybody thought, oh, that’s good, they’re all for us, and you could have another billionaire like Jeff Bezos own the Washington Post; that’s good for journalism, you know. And we went along with the ride of somehow it was all going to work out, and that deregulation would work, and Wall Street would govern itself. And then suddenly that came crashing with the housing breakdown."