Collusion

When Republicans and Democrats, engaged in partisan dispute, each seek to demonstrate the various ways in which the other side is responsible for any given crisis, duopolist ideology does not allow them to draw the obvious conclusion, namely, that they're both right. A case in point: former IMF economist Simon Johnson explains how crony capitalist collusion helped create the current financial crisis: "lightweight regulation, cheap money, the unwritten Chinese-American economic alliance, the promotion of homeownership—had something in common. Even though some are traditionally associated with Democrats and some with Republicans, they all benefited the financial sector."

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