The More Things Change . . .

The more things change, the more they stay the same. According to a commonly accepted urban legend, the Republicans are the party of big business and the Democrats are the party of the common man.

These observations made by Gary North in a recent issue of Reality Check demonstrate that both parties cater to the ruling elite.

Obama's free ride here is going to continue. The well-organized corporate interests that supply each President with his advisors want the taxpayer-funded subsidies. Goldman Sachs provided Clinton's Secretary of the Treasury (Rubin) and Bush's (Paulson). Kissinger & Associates gave Timothy Geithner his first job. He rose to become the second most powerful official in central banking: president of the Federal Reserve Bank of New York. Nobody notices. Nobody complains. I mean nobody significant.