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 AltermanStylistically speaking, Barack Obama could hardly be further from Jimmy Carter if he really had been born in Kenya.
Eric AltermanObama, like Carter, is reacting to warning signs by seeking to split the difference between dispirited Democrats and increasingly radicalized Republicans.
Eric Alterman