American Bipoligarchy

Reflecting on the continuity of policy between the Bush and Obama administrations, Mano Singham writes:

the same interests that caused the financial crisis are the ones that control both the Bush and Obama administrations and . . . they are making sure that they are the ones who benefit most from the various high-cost "rescue" and "stimulus" packages that have been floated . . . Obama's administration seems to be acting consistently with the model that states that the US is run by a pro-war/pro-business one party oligarchy with two factions that differ only on some social issues.

This is the genius of the two-party system, providing cosmetic changes to the face of the bipoligarchy (to adapt a term from the Think 3 Institute) while maintaining the global warfare and corporate welfare state.