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User Info Sorry, We No Longer Live In A Republic; entered at 2010-10-23 11:08:10
Psquared
Posts: 1876
Registered: 2008-10-11 SE USA
I would argue that history shows that none of this is new and that it has been going on from the beginning of our history as a country. Read the history behind Marbury vs Madison and the midnight judges appointed by John Adams before Jefferson took office.

The history of financial crises in this country show that there was corruption in the 1830s during Jackson's fight against the US Bank (precursor to the FRB) and Nicholas Biddle. In the 1870s, during the railroad crises and before the collapse of Jay Cooke & Company, they were handing out shares of stock in railroad companies on the floor of the House of Representatives to influence legislation.

Is it more widespread now or do we just know about it sooner because of the internet? I don't know the answer to that, but I do know that power and authority have always led to arrogance and arrogance leads to a feeling of being above the law. That in turn leads to corruption.

That is usually followed by a period of reform, but then the reformers usually become the new power brokers and elites which leads to another round of corruption. I don't think it will ever end in this lifetime.

Last modified: 2010-10-23 11:09:22 by psquared

2010-10-23 11:08:10