Tyler Cowen writes an general op-ed on how Poliics now runs the financial sector in Where Politics Don’t Belong:
President Dwight D. Eisenhower warned of the birth of a military-industrial complex. Today we have a financial-regulatory complex, and it has meant a consolidation of power and privilege. We’ve created a class of politically protected “too big to fail” institutions, and the current proposals for regulatory reform further cement this notion. Even more worrying, with so many explicit and implicit financial guarantees, we are courting a bigger financial crisis the next time something major goes wrong.
I call this the financial oligarchy or multinational corporations took over Washington D.C.
Cowen also notes the lastest deals with big business have turned off many who are in favor of health care reform.
But the best thing to look at is this interactive graphic showing how the too big to fail financial institutions, just got a whole lot bigger, and all due to our government helping them to do it.
Please play this graphic for it's a stunning visualization on how the financial oligarchy just played America for fools.
I also want to point to this post on deregulation and how interesting it is the MSM now has a series of similar articles on the topic, after this was written. Possibly an example of if you want to influence the the public discourse and put focus on the issue at hand, you might consider adding your two bits into great Internet bytes of consciousness stream.