Remember when I wrote that the arrests of Madoff and Dryer made me feel good, because at least they were going to jail for what they did?
Well, Frank Rich, who probably isn’t following Madoff and Dryer, just espressed what are largely the same feelings
But the entertainment is escapist only up to a point. What went down in the Land of Lincoln is just the reductio ad absurdum of an American era where both entitlement and corruption have been the calling cards of power. Blagojevich’s alleged crimes pale next to the larger scandals of Washington and Wall Street. Yet those who promoted and condoned the twin national catastrophes of reckless war in Iraq and reckless gambling in our markets have largely escaped the accountability that now seems to await the Chicago punk nabbed by the United States attorney, Patrick Fitzgerald.
We all want the Wall Street bankers, and Bush and His Evil Minions™, to go to jail.
In a best case scenario, they would end up like Richard Whitney, who spend his next 33 years working with his hands as a farmer, and not Michael Milken, who came out of stir still so wealthy that his children, and probably his grandchildren will never have to work an honest day in their lives.