Market moralities and mentalities-- fueled by economic imperatives to make a profit at nearly any cost-- yield unprecedented levels of loneliness, isolation, and sadness. And our public life lies in shambles, shot through with icy cynicism and paralyzing pessimism. To put it bluntly, beneath the record-breaking stock markets on Wall Street and bipartisan budget-balancing deals in the White House lurk ominous clouds of despair across this nation.
Every president needs to deal with the permanent government of the country, and the permanent government of the country is Wall Street oligarchs and corporate plutocrats and the questions becomes what is the relationship between that president and Wall Street.
If Martin Luther King looked at the Obama administration and saw an intimate connection with Wall Street, he'd be very critical. If he saw drones being dropped on innocent people, he'd be very critical. If he saw rights and liberties violated by secret policies of the government, of the kind we've seen by the National Security Agency, he'd be very critical.
We don't hear our president [Barack Obama] talking about the need for high-quality jobs for everybody, giving it priority, not just giving a speech in Detroit. That's fine, but speaking to Tim Geithner, speaking to Larry Summers. When are you going to make jobs, jobs, jobs a priority rather than Wall Street, Wall Street, Wall Street a priority? That's what I'm concerned about.
You can see it in terms of the obsession on Wall Street with not just profits but greed, more profit, more profit.
It's impossible to translate Wall Street greed into one or two demands.
Wall Street is stronger than ever.
