Tuesday, October 23, 2007

U.S. of ATM

Naomi Klein nails it.

If government is now an ATM, perhaps the war on terror is best understood not as a war but as a sprawling new economy, one based on continued disaster and instability. In this economy, the Bush team doesn’t run the venture exactly; rather, it plays the role of deep-pocketed venture capitalist, always on the lookout for new security start-ups (overwhelmingly headed by former employees of the Pentagon and Homeland Security). Roger Novak, whose firm invests in homeland security companies, explains it like this: “Every fund is seeing how big the [government] trough is and asking, how do I get a piece of that action?”

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