To people outside of the United States one of the notable things about present day America is that the oligarchs are never held accountable. A Hungarian woman professor told me a few days ago that to her America increasingly looked like the Soviet Union: “You have a special class who have a different set of laws. Just like the old USSR and Hungary when I was a girl.” And it’s true. One of the reasons I support Bernie Sanders is that he is the only person who seems to ruffle the feathers of the uber-class. Here’s an example of what I mean.
Contempt for the vultures on Wall Street is one of the few things most Americans share. In the last few decades, neither party has done anything to curb the corruption and greed of the financial industry. Indeed, it was a Democrat, Bill Clinton, who did as much as anyone to deregulate the very banks that later wrecked the economy and plundered the public coffers. Although his mythology remains firmly in tact, Ronald Reagan is equally responsible for what happened in 2008.