The ability of the 1 percent to buy politicians and regulators is nothing new in American politics – just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems. – Eric Alterman
Much of what Tea Party candidates claimed about the world and the global economy during the 2010 elections would have earned their adherents a well-deserved F in any freshman economics (or earth science) class. – Eric Alterman
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