True.. We're trapped in a feedback loop where capital formation = more consolidation, which = more political power, which = more capital formation... Which leads to even more consolidation.. and more power.. Etc. It's now to the point where they can create news on the fly.. Regardless of anything. Foreigners must be very confused by this.. and think we take this seriously. Because, OMG! NEWS! In reality it's just cheap kabuki... but it has a veneer of legitimacy, especially to those who are unfamiliar with the issues..