“It is not the people we elect who are in charge. They are only the human face on the machine. If they don’t know this before the election, they quickly discover it after the election.
Today, the state embodies all the worst features of the unaccountable, impersonal leviathan that had been the goal of every bad-guy political dreamer in world history. We can see this in operation during the financial meltdown. The people making the decisions and conducting policy were not elected by anyone. They report to no one. They are the Secretary of the Treasury and the head of the Fed, and each represents certain private-sector interests among the financial elite. They conduct their policies based on their private assessment of what is good for those they represent, and they do it in cooperation with the permanently entrenched bureaucracy and financial managers who rule the country.
There is another point we learn from these observations: working within the machinery of a political party is a futile path for serious change. Real change comes from working in the world of enterprise and ideas.”