But how else are retired politicians going to get their bank directorships?
why, from multi-billion dollar government bailouts so they can get their big multi-billion dollar bonuses for single-handedly f*ing the world ecomony and leaving all the workers and loanees (world-wide) on their a r s e s - THAT's not a media spin, american banks did that all on their own.
on the flip side, here in australia we survived because our previous prime minister (john howard) was a scrooge and put all the people's taxes into federal coffers... so while we avoided recession, because we had surplus to throw at the economy at the crucial time, we also now have no infrastructure, and not enough housing, of many other things, because no money was spent on them for the 12 years he was in office.
...and state-run hospitals and schools are suffering too mainly b/c of the syndey 2000 olympics, the state premier at the time decided it would be a fabulous idea to fund the olympic games with the state's infrastructure, transport, education and health funds instead of putting those funds into, well, infrastructure, transport, education and health! and each of his successors has had to be mopping up the mess - a thankless job, and a job they're really struggling with (b/c it's so hard and because the party is just not really been doing a good job)
so not only is america screwed up, ours is pretty dodgy too - like was previously said - power begets corruption- i'm sure it's an international phenomena.
we're all hoping our current prime minister, kevin rudd, will straighten a few things out in the federal level though we are all still weary and jumpy...
our local federal representative (belinda neal - yes, she's had a few run-ins with the media, but most of it is just spin and ratings-pushers) is doing a really good job of keeping up with the electoral promises, and making noticeable improvements (even the local newspapers report successes - which is rare!): so there is hope.
we in australia (at least all the people i know personally) were very glad when bush jnr was voted out and obama voted in - we're a little weary of what his aims are, but still prefer him. is the sentiment not the same in america?