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The Winter of Our Economic Discontent


imageWhat do the United States, Russia and the Middle East have in common? They all have unpopular regimes run by out-of-touch kleptocrats who faced popular uprisings. The opposition groups in all those place don't have much in common, but the governments do. Obama might have sneered at Mubarak or Putin, but for all the pretense of democracy, he was sitting at the top of his own kleptocracy, doling out fortunes to supporters out of the emergency bailout and stimulus plans. The Tea Party was the outraged and vocal response of a working middle-class that was seeing its taxes and its children's future being squandered to feed the appetites of the oligarchy. The media elite might bemoan the Tea Party as the second coming of the Klu Klux Klan, but it was a far more honest expression of economic discontent than OWS, which limited its manufactured anger to the junior partners in the kleptocracy, while giving the men in power a pass.
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