Bullies — political bullies, economic bullies, and religious bullies — cannot be appeased; they have to be opposed with courage, clarity, and convict… - Bill Moyers

Ed Murrow told his generation of journalists bias is okay as long as you don't try to hide it. So here, one more time, is mine: plutocracy and democracy don't mix. Plutocracy, the rule of the rich, political power controlled by the wealthy. Plutocracy is not an American word but it's become an American phenomenon. Back in the fall of 2005, the Wall Street giant Citigroup even coined a variation on it, plutonomy, an economic system where the privileged few make sure the rich get richer with government on their side. By the next spring, Citigroup decided the time had come to publicly "bang the drum on plutonomy." … over the past 30 years the plutocrats, or plutonomists — choose your poison — have used their vastly increased wealth to capture the flag and assure the government does their bidding. … This marriage of money and politics has produced an America of gross inequality at the top and low social mobility at the bottom, with little but anxiety and dread in between, as middle class Americans feel the ground falling out from under their feet. … Like those populists of that earlier era, millions of Americans have awakened to a sobering reality: they live in a plutocracy, where they are disposable. Then, the remedy was a popular insurgency that ignited the spark of democracy. Now we have come to another parting of the ways, and once again the fate and character of our country are up for grabs. … Democracy only works when we claim it as our own.

Reagan's story of freedom superficially alludes to the Founding Fathers, but its substance comes from the Gilded Age, devised by apologists for the robber barons. It is posed abstractly as the freedom of the individual from government control — a Jeffersonian ideal at the roots of our Bill of Rights, to be sure. But what it meant in politics a century later, and still means today, is the freedom to accumulate wealth without social or democratic responsibilities and license to buy the political system right out from everyone else.

This "zeal for secrecy" I am talking about — and I have barely touched the surface — adds up to a victory for the terrorists. When they plunged those hijacked planes into the World Trade Center and the Pentagon three years ago this morning, they were out to hijack our Gross National Psychology. If they could fill our psyche with fear — as if the imagination of each one of us were Afghanistan and they were the Taliban — they could deprive us of the trust and confidence required for a free society to work. They could prevent us from ever again believing in a safe, decent or just world and from working to bring it about. By pillaging and plundering our peace of mind they could panic us into abandoning those unique freedoms — freedom of speech, freedom of the press — that constitute the ability of democracy to self-correct and turn the ship of state before it hits the iceberg.