Anarchy

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He who has the campaign contributions makes the rules

http://www.motherjones.com/politics/2013/05/citigroup-hr-992-wall-street-swaps-regulatory-improvement-act

Citigroup drafted most of a House bill that would allow banks to engage in risky trades backed by a potential taxpayer-funded bailout. Citigroup’s recommendations were reflected in more than 70 lines of the House committee’s 85-line bill.

The bill is sponsored by Republican and Democratic members — Randy Hultgren (R-Ill.), Jim Himes (D-Conn.), Richard Hudson (R-NC), and Sean Patrick Mahoney (D-NY).

its passage would be great news for Citi and other financial titans. Five banks—Citigroup, JPMorgan Chase, Goldman Sachs, Bank of America, and Wells Fargo—control more than 90 percent of the $700 trillion derivatives market.

This is not the first time the financial industry has shaped financial reform laws for Congress. Citigroup was a central player in the 1999 repeal of the Depression-era Glass-Steagall Act that forced banks not to engage in investment activities. Its lobbyists flooded Capitol Hill for that fight.

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Neoliberal "democracy"

http://i.imgur.com/q3XfOFf.jpg

http://imgur.com/a/1S08D

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"We are the tools and vassals of rich men behind the scenes. We are the jumping jacks, they pull the strings and we dance. Our talents, our possibilities and our lives are all the property of other men. We are intellectual prostitutes." - John Swinton