Sunday, May 22, 2011

Matt Taibbi Interview on the Post 2008 Crash Situation

Here is a good interview on RT (Russia Today) that gives Matt Taibbi twelve good minutes to go into details about the financial corruption and where we are at in cleaning up the mess:



I like the point that Taibbi makes when he says that politicians don't understand or feel what the great majority of people are undergoing right now. He doesn't mention it, but they are mostly multi-millionaires and move in social circles that isolates them from the life of the working class and even the middle class.

I completely agree with Taibbi's assessment of Obama.

I like his assessment of the media: it is a nihilistic "for the money" enterprise not really interested in civil society or justice.

Bottom line: I'm not as cynical and pessimistic as Matt Taibbi. I do believe that democracy works. It just works very poorly. As Churchill pointed out, it is the "worst" of all forms of government "except for all the rest", i.e. eventually the public will wake up and throw out the rascals (but then be seduced by a new bunch of rascals). That is sad, but that is the best you can get. It isn't as hopeless as Taibbi paints it, but it is very poor, very ineffective, very slow. But it is the best we have.

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