"No matter how paranoid or conspiracy-minded you are, what the government is actually doing is worse than you imagine." - - - William Blum

August 25, 2011

From Kos:

"Of all the criticisms of Obama, this is the most obviously legit. The president's economic team hailed from Goldman Sachs, and their entire focus has been on bailing out the banking sector from their own excesses. The banks were functioning "properly" in Wall Street's eyes, when they created the credit default swaps and other schemes that destroyed the world economy.

"Yet rather than help consumers, oftentimes victims of Wall Street's excesses, they rewarded the villains, time and time again. And then, they tried to hide it.

"That Wall Street aristocracy has been coddled by this administration, while regular Americans end up victims to Democratic meekness and Republican obstructionism. It shouldn't be this way. Let Republicans carry water for Wall Street crooks. Democrats should be fighting for everyone else.

"The problem with the economy isn't the bankers. Is that no one has money to buy shit. Giving the bankers free money doesn't solve that."

There's more in the post.

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