The fact then and now is captured by Rahm Emanuel, Obama’s chief of staff. He said that no crisis should be wasted as a political (money acquiring) opportunity.

What we have/had is an explosion of political class self-interest and a grab for money and power. The economic crisis (caused by our current politicians) is merely the excuse to enact wild theories and hand out favors during the turmoil.

There are no limits, because they can take the money now and let the accounts settle themselves later. They don’t have to care what happens to the “little people” when they look out in the future from hilltop homes. They will have gotten theirs.

The Present Tells Us About the Depression

Lessons on being a more effective thug? Only the unanimous U.S. Supreme Court decision, A.L.A. Schechter Poultry Corp. v. United States, putting a stop to Roosevelt’s excesses saved us from an outright fascist dictatorship. Is that what Time wishes for modern day America?