quote of the day

"Rather than emphatically stand up to the bankers and other oligarchical thieves, [the Obama administration] coddled and served them, and thus became the face of the elite interests oppressing ordinary Americans rather than their foes. How can an administration represented by Tim Geithner and Larry Summers -- and which specializes in an endless stream of secret deals with corporate lobbyists and sustains itself with Wall Street funding -- possibly maintain any pretense of populist support or changing how Washington works? It can't.

There are few more bitter ironies than watching the Republican Party -- controlled at its core by the very business interests responsible for the country's economic collapse -- now become the beneficiaries of middle-class and lower-middle-class economic insecurity. But the Democratic Party's failure/refusal/inability to be anything other than the Party of Tim Geithner renders them unable to offer answers to angry, anxious, resentful Americans. As has happened countless times in countless places, those answers are now being provided instead by a group of self-serving, hateful extremist leaders eager to exploit that anger for their own twisted financial and political ends. And it seems to be working."

-Glenn Greenwald