Blog: The Sly Oyster

Matt Taibbi of Rolling Stone argues that the financial bailout and economic collapse isn't necessarily about money . It's about power. And the government is losing. People are pissed off about this financial crisis, and about this bailout, but they're not pissed off enough. The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup d'état. They cemented and formalized a political trend that has been snowballing for decades: the gradual takeover of the government by a small class of connected insiders, who used money [...]