2009-11-23ritholtz.com

"In European’s eyes, the US populace seems terribly uninformed about most political matters — and vote accordingly. Europeans seem to be able to debate an issue without the vitriol and rancor that accompanies the rabid partisanship in the US. (One German $1+ Billion dollar fund manager privately remarked that Rupert Murdoch would be prosecuted in much of Europe). The two party system of the US is thought to be utterly corrupt, and is a joke in Parliamentary countries. Europeans recognize the United States as a “Corporatocracy” — government for and by Corporations."



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