To Frank Rich, the future looks like Hamlet, Act V

Thy offense is rank, Wall Street. It smells to heaven.

You may have noticed that more and more social critics are looking at the future and seeing very few smiley faces. Here’s Frank Rich’s take on the end of the world as we know it:

What haunts the Obama administration is what still haunts the country: the stunning lack of accountability for the greed and misdeeds that brought America to its gravest financial crisis since the Great Depression. There has been no legal, moral, or financial reckoning for the most powerful wrongdoers. Nor have there been meaningful reforms that might prevent a repeat catastrophe. Time may heal most wounds, but not these. Chronic unemployment remains a constant, painful reminder of the havoc inflicted on the bust’s innocent victims. As the ghost of Hamlet’s father might have it, America will be stalked by its foul and unresolved crimes until they “are burnt and purged away.”

Nicely put, but I wonder if Rich is hip to the implications of the sentence I bolded or merely reminding us he used to be a drama critic. If the former is the case, then he’s saying that the likelihood of bringing to justice the Wall Street crooks who trashed the economy is slim to none; that politics as usual will continue until the crimes are burnt and purged away in an orgy of violence.

We expect a violent resolution in Hamlet because the drama is studded with a succession of serious crimes — murder, incest, treason, and so on — that leave the players weighed down with feelings of hatred and guilt that obviously will persist until the stage is crowded with corpses.

Is Rich forecasting this for America, or is he expecting something less extreme despite his Hamlet allusion? The prosecution and jailing of the crooks and the carving up of their financial empires would be a good place to start resolving things, but Rich knows Obama is joined at the hip with the crooks. His justice department will never prosecute them.

As Rich sees it, one likely outcome is that Obama will be turned out of office by voters disgusted over his coddling of billionaires and his subsequent failure to deliver on promised jobs programs. And now we have his odious decision to put Social Security and Medicare “on the table” during discussions about the debt ceiling.

But what happens after these and other austerity measures (for the poor) kick in, stripping Americans of more and more basic protections from destitution?

I wouldn’t bet against widespread unrest, if not actual burning and purging, regardless of whether the next president is Obama or his counterpart from among the Republican corporate stooges.

Footnote: The difference between Shakespeare’s time and ours is that Claudius at least had a conscience: “O, my offense is rank it smells to heaven.” The Wall Street banksters who own both major parties don’t worry about heaven or hell. To them, hell is life with no government bailouts.

This entry was posted in arts, economic collapse, Goldman Sachs, Great Recession, mainstream media, Politics, unemployment, world-wide economy and tagged , , , , , . Bookmark the permalink.

3 Responses to To Frank Rich, the future looks like Hamlet, Act V

  1. lyudico says:

    You are right and know what you think.
    This blog is great, great photography and attitude. you would like it.
    Young revolution


  2. missdisplaced says:

    “Fie on’t, ah, fie, ’tis an unweeded garden
    That grows to seed. Things rank and gross in nature
    Possess it merely.”

    That is pretty much how I see the state of the U.S. right now. It’s not Obama (as the GOP claim) but the whole entire system. Our dependence on oil, capitalism (Big Business), lobbying, and politics has run afoul and are stagnating true democracy. Democracy, yeah right. Not likely when we are controlled by the whims of Big Business.


  3. oddmanout215 says:

    Sometimes I think “It’s as if D.C. politicians live in another world.” Then I remember this is exactly right, they’re in a world totally isolated from ours and are incapable of even diagnosing the problems let alone fixing them. Fie on them all! (That’s a polite version of what I usually say.)


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