Comparing the U.S. to Russia and Argentina

Salon by Glenn Greenwald | Mar. 26, 2009 (Opinion)

Desmond Lachman -- the former chief strategist for emerging markets at Salomon Smith Barney and a long-time official with the IMF (no raving socialist he) -- argues today that the most apt comparison for the U.S. now is not Japan's "lost decade," but rather, "that the United States is coming to resemble Argentina, Russia and other so-called emerging markets, both in what led us to the crisis, and in how we're trying to fix it." Full Story »

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Subjects: U.S., Politics, Business, Living
Topics: Law, U.S. Congress, U.S. Economy, U.S. White House, Money and Politics, Money, Campaign Finance, Corruption in Congress, Corruption
Member Tags: Corruption in the White House, Corruption in business
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Posted by: Posted by Dwight Rousu - Mar 27, 2009 - 1:50 AM PDT
Reviewed by: Dwight Rousu (review), Douglas L Acker (review)
Content Type: Article
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Edited by: Dwight Rousu - Mar 27, 2009 - 1:50 AM PDT

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Dwight Rousu
4.8
 by Dwight Rousu - Apr. 2, 2009

Greenwald provides a conceptualization of the U.S. political culture as "the incestuous relationship between governments and large [] corporate conglomerates." A body of common opinion is gathered here, and should be read as part of understanding this history we are passing through.

The rule of law seems a slippery thing.

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