2011-07-16antiwar.com

``This characterization of the banking industry as the moral equivalent of gangsters has its proponents on both sides of the political spectrum, and today that ideological convergence is all but complete, with only "centrists" and self-described pragmatists dissenting. What rightists and leftists have in common, in short, is a very powerful enemy -- and that's all a mass political movement needs to get going... This issue is not an abstraction: we see it being played out on the battlefield of the debt ceiling debate. Because, after all, who will lose and who will win if the debt ceiling isn't raised? The losers will be the bankers who buy and sell government bonds...''



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