I remain troubled by the fact that fundamental economic issues seem to be the last thing on anybody's minds in D.C. And looming over these economic problems is the elephant in the room: these Too Big To Fail, and apparently Too Big To Jail, Wall Street financial conglomerates.
Like a mythical shapeshifter or a repertory actor, Mitt Romney will pretend to be whatever you need. Politicians often do this, but he reaches new heights of brazenness. Time and again he says something on the stump that a campaign spokesperson later "clarifies."
Do Americans want a government of the people by the people for the people? Or do Americans want a government of the corporations by the corporations for the corporations, one dedicated to the proposition that the rich are better than everyone else?
The business model that Romney oversaw at Bain, especially the Leveraged Buyout, was questionable at best and destructive at worst, and he cannot pretend that the dangers of Bain's investment methods were unknown to him.
Some people get rich by creating good things, and they support many people. But some people -- they used to be called robber barons -- succeed at others' expense. So just as wealth isn't necessarily bad, "efficiency" isn't necessarily good.