Both Major Parties Have Failed Most Americans Where it Counts

Taibbi on the election:

With 300 million possible entrants in the race, how did we end up with two guys who would both refuse to bring a single case against a Wall Street bank during a period of epic corruption? How did we end up with two guys who refuse to repeal the carried-interest tax break? How did we end with two guys who supported a vast program of bailouts with virtually no conditions attached to them? Citigroup has had so many people running policy in the Obama White House, they should open a branch in the Roosevelt Room. It’s not as bad as it would be in a Romney presidency, but it comes close.

If this race had even one guy running in it who didn’t take money from all the usual quarters and actually represented the economic interests of ordinary people, it wouldn’t be close. It shouldn’t be close. If one percent of the country controls forty percent of the country’s wealth – and that trend is moving rapidly in the direction of more inequality with each successive year – what kind of split should we have, given that at least one of the candidates enthusiastically and unapologetically represents the interests of that one percent?

Read more: http://www.rollingstone.com/politics/blogs/taibblog/this-presidential-race-should-never-have-been-this-close-20120925#ixzz27dlD68xr

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