“The blunt acknowledgment that the same banks that caused the financial crisis ‘own’ the U.S. Congress”
His admission is meaningless. Surely, bankers have lobbyists and Wall Street donations favor Democrats. but that’s not evidence that they “own” anything. It’s just that they happen to want what the Democrats want, that their interests match up.
I don’t think bankers are writing policy, or that their contributions are responsible for the Democrats being in power. What’s certian is that once you bring the state in to solve problems for you, it is no longer you that’s in charge. The state is. They’re the ones with the power, and their interests—which have little or nothing to do with short-term economic interests of the people who expect to benefit—will be the ones that prevail.
If I.G. Farben thought it was getting a deal when it got Hitler into office, it was sorely mistaken. Hitler had bigger plans.
In essence I agree with your observations about the state. I disagree with your observation that his assertions are meaningless.
If it were just about partisan power grabs...there’d be an apparent divergence of words, ideas, and behavior from the “different” sides of the aisle. The absence of such divergence...and the pathological conduct of the Washington establishment to an extraordinary popular “outsider” -Sarah Palin- is confirmation of Senator Durbins assertions.