The Big Lie: Wall Street has destroyed the wonder that was America.


The article The Big Lie has the subtitle “Wall Street has destroyed the wonder that was America.”  At first, I wondered if the big lie was that Wall Street has destroyed the wonder that was America.

I think the following quote from the article should set the matter straight:

As 2011 slithers to its end, none of the major problems that led to the crisis point three years ago have really been solved. Bank balance sheets still reek. Europe day by day becomes a financial black hole, with matter from the periphery being sucked toward the center until the vortex itself collapses. The Street and its ministries of propaganda have fallen back on a Big Lie as old as capitalism itself: that all that has gone wrong has been government’s fault. This time, however, I don’t think the argument that “Washington ate my homework” is going to work. This time, a firestorm is going to explode about the Street’s head—and about time, too.

This article calls for a level of retribution, and perhaps violence, that the Occupy movement specifically abjures.

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