During the Red Scare of the late 1940s, novelist Ayn Rand and other right-wing zealots targeted Hollywood for supposedly subversive messages, like the criticism of bankers and the praise of community in Frank Capra’s “It’s a Wonderful Life,” as Michael Winship recalls.
Money remains the nourishing milk of politics and both parties are lining up to get their fill by hobnobbing with the plutocrats who have the most to share. Whether the Koch Brothers or Vernon Jordan, the process of political corruption shows no sign of ending, Bill Moyers and Michael Winship lament.
Four decades ago, Richard Nixon resigned, making him the first U.S. president in history to quit the office, the result of two years of a spreading scandal known as Watergate. But many Watergate reforms aimed at limiting the power of money over politics were short-lived, as Michael Winship observes.