The headline reads ‘Standoff at factory is drawing support’. ……The nation’s grim economy now has a rallying point: Employees at a window and door factory that went out of business have taken over the building in a siege

This election is a referendum on the far right. It will be a clear and overwhelming renunciation of the Republican party as we have known it for the last 25 years. Finally, the truth can no longer be ignored. Trickle down, and protecting corporations because one’s ideology says wealthy companies provide jobs and other benefits to the economy have failed and brought the country down with them. Finally there will be a devastating repudiation of this. When Greenspan said he essentially no longer believed in the goodness of companies and corporations, most people who have been railing at this nonsense for over 2 decades shook their heads. What lame-brained nonsense this was from the beginning! Enlightened self-interest my soft behind! GREED GREED GREED. License to take more and more of what one does not need! The moral basis of the Republican party for over 2 decades!

Tim Rutten of The La Times has written a very insightful editorial about the moral bankruptcy behind our economic crisis. I am borrowing heavily from his thoughts:

Alan Greenspan, that old Ayn Rand disciple, is surprised by human nature.