Taibbi’s Latest

And it’s absolutely brilliant.  A thorough take-down of Mitt Romney, who is – incredibly – even more hollow and morally degenerate than Obama.

Being a sociopath isn’t an incidental characteristic of the worst presidential candidates at this point; it is a fundamental qualification for the job.  The idea that electing one or the other reprobate to the office will make any difference at all – other than perhaps affecting our rate of descent into the abyss – it too laughable to indulge.  But to the extent that constitutes a meaningful distinction, Romney is clearly worse because he is more capable of active financial rape, pillage and cannibalism.

And if that insight is at all valuable then Matt Taibbi has done us all a great service.

A little sample:

In the Eighties, when Romney and Bain were cutting their teeth in the LBO business, the primary magic trick involved the junk bonds pioneered by convicted felon Mike Milken, which allowed firms like Bain to find easy financing for takeovers by using wildly overpriced distressed corporate bonds as collateral… For the first time, the ability to make deals became more valuable than the ability to make stuff, and the ability to instantly engineer billions in illusory financing trumped the comparatively slow process of making and selling products for gradual returns.

Read more: http://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829#ixzz252aUdV4r


As tragic as it might be to continue with a robustly corrupt yet largely feckless and lethargic Obama administration, to elect Romney would be ratifying the ugliest and most amoral and predatory behavior that human beings are capable of.  It is a small step from a culture that produces an unblinking Romney to a culture that engages in murderous atrocities without blinking either.

Thus far we at least blink.  It isn’t much, but I hate to see that simple moral reflex fall by the wayside as well.




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Filed under financial crisis, Judicial lying/cheating, Striking lawyers, wrongful convictions

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