By Jesse of Jesse’s Cafe Americain blog
“And I’ll leave you with one set of numbers that I found today, which is just an absolute for this whole thing. In 2015, Wall Street Bonuses, not regular compensation, bonuses, seven years after they were bailed out with the public purse, totaled $29.4 billion dollars. Total compensation paid to every single person in this country who makes minimum wage totaled $14 billion…
The era of neo-liberalism is over. The era of neo-nationalism has just begun.”
“Caesar was swimming in blood, Rome and the whole pagan world was mad. But those who had had enough of transgression and madness, those who were trampled upon, those whose lives were misery and oppression, all the weighed down, all the sad, all the unfortunate, came to hear the wonderful tidings of God, who out of love for men had given Himself to be crucified and redeem their sins.
When they found a God whom they could love, they had found that which the society of the time could not give any one— happiness and love.”
Henryk Sienkiewicz, Quo Vadis: The Time of Nero
When historians look back on this period of the last forty years and diagnose what went wrong, they might do worse than to conclude that at the root of it was a general failure of character, from the top down.
The replacing of honor and duty with egoism and greed as the most honored of civic virtues was a long and slow process. It took root and was nurtured in a portion of the population that was served by it during the Reaganomics revolution, but eventually spread to those institutions and groups that had generally provided a bulwark for freedom and justice against the perennial amorality of the greedy.
Although they were certainly not the root cause of it, the Clintons played a prominent role in sealing the deal between the political and the financial class, and throwing the whole thing into a higher gear. They made political corruption, which heretofore had been hidden in the closets, fashionable.
Indeed, it may not be too much to say that they were to soft corruption in politics what Henry Ford was to automobile production. They certainly did not invent it, and were probably not the worst compared to some of their colleagues across the aisle, but they industrialized it, and knocked down the last bastions of public conscience in the process by showing how well greed could pay off while still maintaining some semblance of public respectability…