Krugman Does Coingate

In other words, Ohio's state government today is a lot like Boss Tweed's New York. Unfortunately, a lot of other state governments look similar - and so does Washington.

Since their 1994 takeover of Congress, and even more so since the 2000 election, Republican leaders have sought to make their political dominance permanent. They redistricted Texas to lock in their control of the House. Through the "K Street Project" they have put lobbying firms under partisan control, starving the Democrats of campaign funds. And they are, of course, trying to pack the courts with partisan loyalists.

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These efforts have already created an environment in which politicians from the right party and businessmen with the right connections believe, with good reason, that they have immunity.

Heh. Read the whole thing. Indeed. Donald Luskin just shat himself a steaming pantload of trend macrolytics. Today's must read. Ouch....

Hat tip: Myself.