The simultaneous rejection of the bailout and a corrupt ruling class by Glenn Greenwald
Glenn Greenwald comments on the bailout vote failure in Congress; the Establishment politicians among the Democrats and Republicans did their best to push through a $700 billion dollar government intervention into the "free market" to benefit immoral and corrupt globalist financiers, but enough of our "representatives" got scared about losing reelection this November that passage failed. Now they will regroup and try some new lipstick, but let this be a lesson to the People; when we raise our voices together, DC listens.
Can anyone even remember the last time this happened, where the nation's corporate interests and their establishment spokespeople were insistently demanding government action but were impeded -- defeated -- by nothing more than popular opinion? Perhaps the failure of George Bush's Social Security schemes in 2005 would be an example, but one is hard-pressed to think of any other meaningful ones. We're a "democracy" in which nothing is less important in how our government functions than public opinion. Yesterday was an exceedingly rare though intense departure from that framework -- the kind of citizen defiance of, an "uprising" against, a rotted ruling elite described by David Sirota in his book, "Uprising." On the citizenry level, the backlash was defined not by "Republican v. Democrat" or "Left v. Right," but by "people v. ruling class." As Johnston argues, yesterday's events should be celebrated for that reason alone.
Related Greenwald Oped from the day before: