Quote of the day

Morris Berman, during an a question and answer exchange with Nomi Prins, states that:

Americans may be very vocal in claiming we’ll eventually recover, or that the US is still number-one, but I believe that on some level they know that this is whistling in the dark. They suspect their lives will get worse as time goes on, and that the lives of their children will be even worse than that. They feel the American Dream betrayed them, and this has left them bitter and resentful. The Wall Street protests are, as during the Depression, a demand for restoring the American Dream; for letting more people into it. The Tea Party seeks a solution in returning to original American principles of hustling, i.e. of a laissez-faire economy and society, in which the government plays an extremely small role. Thus they see Obama as a socialist, which is absurd; even FDR doesn’t fit that description. There are great differences between the two movements, of course, but both are grounded in a deep malaise, a fear that someone or something has absconded with America.

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