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 AltermanThe Economist is undoubtedly the smartest weekly newsmagazine in the English language. I always look forward to its quirky year-end double issue.
Eric AltermanFox News is nothing if not impressive. No matter how harsh the criticism it endures, the network somehow always manages to prove itself even worse than we had previously imagined.
Eric Alterman