Bad boys, watchcha gonna do?

I can't even watch it (the TV show "Cops"), turns my recently filled stomach. It takes the combined effort of four vehicles and at least twice that many cops to bust a 5 foot-something crackhead for selling the police some rock. This is our tax dollars at work.

Actually, they're local: so if you don't live in whatever state they were filming in, it's not your money. Though, soon enough, it will be.

Unfortunately, one of the big winners of Obama's plan to save the world--besides the bankers and financiers--will undoubtedly be law enforcement. Now, while part of it will go to the more agreeable functions of law enforcement, part (the bigger part) will be squandered on ineffectual and morally corrupt drug laws.

Actually, law enforcement, here the lack of, is almost as much to blame as the Wall St., if not a willing accomplice. Of course, the blame for this lies within the Bush Years, when the amount of FBI agents that dealt with the financial system was cut to a 1/5 of it's size, according to Glenn Greenwald. Oh, that, and the more than implicit understanding that the people in charge didn't even believe in the enforcement of regulation in the first place.

Speaking of the lack of regulation, Greenwald seems to me the one of the most outspoken (more than Krugman even) critics of the Obama administration. And you know what, I'm starting to agree with them.

It's beginning to feel like a bait&switch. People voted for change, yet it seems like every position, at least those having to deal with the economy, are the same old guys, with the same old ideological lineage. Geitner and Summers to Greenspan and Bernake, and Rubin and on back to Milton Friedman.

(laugh it up, smart guys)

But you don't have to take my word for it! (Line from an old TV show, "You Can't Do That On Television," sorry.)

Check out Greenwald's blog on the link above. He covers all of this, plus he just released a paper on drug decriminalization for the Cato Institute.