Just Read This

Yves Smith again:

The Obama Administration is entirely predictable. It ever and always sides with large corporate interests, while trying to create the impression that it is actually concerned for the welfare of the average citizen. Admittedly, the occasionally tough talk with little follow through feeds a perverse spectacle of plutocrats sulking, pouting, and claiming that they are really, really badly treated.

……

There are so many people on the internet who write, and think, gooder than I do.

My only addition on this is her there are limits to looting without productive activity, and when we run down that string, things will get very ugly very quickly.