“Con artists have a word for the inability of their victims to accept that they’ve been scammed. They call it the ‘True Believer Syndrome.’ That’s sort of where we are, in a state of nagging disbelief about the real problem on Wall Street. It isn’t so much that we have inadequate rules or incompetent regulators, although both of these things are certainly true. The real problem is that it doesn’t matter what regulations are in place if the people running the economy are rip-off artists. The system assumes a certain minimum level of ethical behavior and civic instinct over and above what is spelled out by the regulations. If those ethics are absent — well, this thing isn’t going to work, no matter what we do. Sure, mugging old ladies is against the law, but it’s also easy. To prevent it, we depend, for the most part, not on cops but on people making the conscious decision not to do it.”
— Matt Taibbi, “Wall Street’s Bailout Hustle,” Rolling Stone, Feb. 21, 2010.
This quote applies just as easily to the na Teabaggers who are being hustled by the ‘con’-servative GOP.