Of course, it is not really capitalism. It is an oligarchy or a financial plutocracy.
In a failed state, the government’s priorities are totally separate from those of the people. The US can’t afford health care or a bailout for jobless homeowners, but it can afford a pointless war and multi-million dollar bonuses for banksters who wrecked the economy.
Why does President Obama think the US can afford a war in Afghanistan when the US economy is falling apart? Massive joblessness. Massive homelessness. Millions of Americans without medical care.
There was a time when Democratic presidents represented the little man, and Republicans represented business.
On December 3 at the jobs summit with business leaders, Obama said, “We don’t have enough public dollars to fill the hole of private dollars that was created as a consequence of the crisis.”
In other words, all the public’s money has been spent on the banks and the wars.
Democrats have discarded the American people. Democrats, in pursuit of campaign contributions, represent the moneyed interests on Wall Street, the munitions companies, the insurance companies, the agri-businesses that have destroyed independent farmers, despoilers of the environment, unaccountable police, and the builders of detention centers. The exception is Rep. Dennis Kucinich.