"The greatest hoax of the last couple of decades has been the ability of the right wing to co-opt members of the struggling lower middle class and lower class and pretend they speak for them while enacting policies that enable the super-rich. They’ve used wedge issues like gay marriage and abortion and the baby Jeebus to alienate folks from their own economic interests, feeding them a steady diet of hatred of minorites, the educated, science, and, well, reality to create a voting block of people so guided by hatred of the “other” that they would crawl over broken glass to cut their nose off to spite their face."
John Cole (via wilwheaton)
Let me see if I understand this:
1. Wall Street donated far more money to Obama than McCain. (From 2008: ”financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.)
2. Democrats largely supported the Wall Street bailout, while the most vocal opposition to it was led by Republicans. Obama himself urged that Americans support the bailout. (From 2008: Democratic presidential candidate Barack Obama on Tuesday called for Americans to get behind attempts to salvage a $700 billion rescue plan for the financial sector, saying that if Wall Street fails ordinary people will also be hurt.”)
3. Top Obama officials have come from and gone to Wall Street. (‘Peril’ blasts president’s ties to Wall Street, An Updated List of Goldman Sachs Ties to the Obama Government Including Elena Kagan; Former director of the Office of Management and Budget Peter Orzsag, for instance, resigned from his post and took a job at Citigroup. Incoming National Economic Council Chair Gene Sperling earned nearly $1 million from Goldman Sachs in 2008. And Daley is an executive at JPMorgan Chase, the investment bank that received a $12 billion bailout during the financial crisis. )
Meanwhile, progressives are occupying Wall Street, and this is seen as some kind of rebuke of Republicans.
Yes, someone has pulled off a great hoax.
(via jeffmiller)
(via themattsmith)
