Quote of the day

Today, Paul Krugman ridiculed the Wall Street kvetchers:

You see, until a few weeks ago [before Occupy Wall Street] it seemed as if Wall Street had effectively bribed and bullied our political system into forgetting about that whole drawing lavish paychecks while destroying the world economy thing. Then, all of a sudden, some people insisted on bringing the subject up again.

And their outrage has found resonance with millions of Americans. No wonder Wall Street is whining.

Left critics of capitalism have long lived among and written for Americans. What these critics have heretofore lacked is a large, receptive audience. Wall Street can look towards its past and present excesses in order to explain the emergence of an America receptive to proscribed thinking. They have made themselves the sign of America’s economic troubles.

One Response to Quote of the day

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