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dreamgarden_gw

The Bailout-A huge, impenetrable black box of corruption

dreamgarden
15 years ago

Great story in Rolling Stone magazine that details who was responsible for the bailout and why they will probably never see the inside of a jail.


The Big Takeover

MATT TAIBBI

Mar 19, 2009

The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolution

The mistake most people make in looking at the financial crisis is thinking of it in terms of money, a habit that might lead you to look at the unfolding mess as a huge bonus-killing downer for the Wall Street class. But if you look at it in purely Machiavellian terms, what you see is a colossal power grab that threatens to turn the federal government into a kind of giant Enron �" a huge, impenetrable black box filled with self-dealing insiders whose scheme is the securing of individual profits at the expense of an ocean of unwitting involuntary shareholders, previously known as taxpayers..........

A link that might be useful:

www.rollingstone.com/politics/story/26793903/the_big_takeover

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