Tag Archives: frank rich

“America will be stalked by its foul and unresolved [financial] crimes until they “are burnt and purged away.”

Stacy Summary: Poor Frank Rich.

Share this page via FacebookShare this page via Twitter
GoldMoney-The best way to buy gold and silver

Frank Rich: The Billionaires Bankrolling the Tea Party

Share this page via FacebookShare this page via Twitter
GoldMoney-The best way to buy gold and silver

Justice will be served, but how

Stacy Summary: Missed posting this on 4th July, but fantastic piece by Frank Rich in which Dillinger is once again brought up by US MSM.

If Americans still waiting for justice 18 months later, that is very dangerous

Another look at this much-chronicled past, “Dillinger’s Wild Ride,” by Elliott J. Gorn, a professor of history at Brown University, is the first to be published during our own hard times. In it you learn that ordinary law-abiding Americans even wrote letters to newspapers and politicians defending Dillinger’s assault on banks. “Dillinger did not rob poor people,” wrote one correspondent to The Indianapolis Star. “He robbed those who became rich by robbing the poor.”

Gorn writes that the current economic crisis helped him understand better why Americans could root for a homicidal bank robber: “As our own day’s story of stupid policies and lax regulations, of greedy moneymen, free-market hucksters, white-collar thieves, and self-serving politicians unfolds, and as banks foreclose on millions of families’ homes, workers lose their jobs, and life savings disappear, it becomes clear why Dillinger’s wild ride so fascinated America during the 1930s.” An outlaw could channel a people’s “sense of rage at the system that had failed them.”

As Gorn reminds us, Americans who felt betrayed didn’t just take to cheering Dillinger; some turned to the populism of Huey Long, or to right-wing and anti-Semitic demagogues like Father Coughlin, or to the Communist Party. The passions unleashed by economic inequities are explosive because those inequities violate the fundamental capitalist faith. It’s the bedrock American dream that virtues like hard work and playing by the rules are rewarded with prosperity.

In 2009, too many who worked hard and played by the rules are still suffering, while too many who bent or broke the rules with little or no accountability are back reaping a disproportionate share of what scant prosperity there is. The tepid national satisfaction taken in Bernie Madoff’s terminal prison sentence should be a warning to the White House. In the most devastating economic catastrophe since Dillinger’s time, many Americans know all too well that justice has yet to be served.

Share this page via FacebookShare this page via Twitter
GoldMoney-The best way to buy gold and silver