The revolving door to K Street

The Senate shot down the bankruptcy reform bill today. Not surprising. In a recent interviewDick Durbin pointed out, "And the banks -- hard to believe in a time when we're facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. And they frankly own the place." The banksters didn't want to provide any relief for homeowners so the Senate is not going to give them any.

Read Glenzilla's whole post at the link that traces the revolving door between the banksters and the Hill. That door spins so fast you can get whiplash just from watching it. Also, as Glen points out, this sort of admission by Durbin should be a big story but it won't be. The privileged media are on the banksters side. They'll just be obsessing about some stray remark that Obama made somewhere. Or about one of the 200 daily polls. Or maybe the dog. Haven't done an in depth piece on Bo in a couple of weeks. Damn depressing.

[More posts daily at The Detroit News]