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"The Age of Austerity: How Scarcity Will Remake American Politics by veteran political reporter Thomas Edsall, suggests that’s a mistake.

Writers both friendly and hostile to the banking establishment have focused on the continuity at some high levels of policymaking. Ben Bernanke has stayed on as top central banker; Timothy Geithner slid from the New York Fed to the Treasury after Obama’s inauguration; TARP was a bipartisan collaboration between Nancy Pelosi and George W. Bush, continued by his successor. Various former investment bankers have shuffled in and out of office in Washington. Lost or marginalized in these tales is the extraordinary partisan political mobilization of the past several years."

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The present break down of political forces follows three different views of this thesis. The first view is that the land casino merely needs to be allowed to run. This is the "Confederate" wing of American politics. The second view is that the land casino can continue longer, but only if carefully managed, this is the "Moderate" view. The third view is that it requires careful management to transition away from the land casino, or the "Progressive" view.

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Polarized America: The Dance of Ideology and Unequal Riches
(June 2006, MIT Press)

Nolan McCarty, Keith T. Poole, and Howard Rosenthal

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And then you’ve got the polarized states on the top-left — Oregon, Washington, Vermont, Minnesota, Colorado, New Mexico. In these states, the liberals are liberal and the conservatives are conservative.

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