Wall Street Insiders Are Using the Bailout to Stage a Revolution-1/2

AIG and the Big Takeover: Matt Taibbi on "How Wall Street Insiders Are Using the Bailout to Stage a Revolution"

In a new article in Rolling Stone Magazine, journalist Matt Tabbi takes an in-depth look at the story behind AIG. The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup détat, writes Taibbi. 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 to control elections, buy influence and systematically weaken financial regulations.

Category:

News & Politics

Tags:

• wall
• street
• matt
• taibbi
• aig
• economy
• democracy
• now

[Anothercoilgun]

A gun to the head in a store, a hack into an account from afar, knowledge and implementation of law loopholes, all them are criminals and all should be judged harshly for their thefts. Corporate crimes have harmed and killed more humans than all wars combined.

[xadam2dudex]

Timothy Geithner and Ben Bernanke should be in jail for their crimes..these two are economic terrorist ..as Treasury Secretary Geithner he should be working for the benefit of the country not the benefit of the wealthy owners of the banks and other financial institutions...all the risk taking on these speculations need to be put to an end..the financial institutions need to be regulated and broken up

[CorporateRule]

@ukcharlie73

What a weak and pathetic statement. You sir, are an anti-corporate tool.

Occupy Wall Street is a joke, for us its business as usual.

All your pathetic rioting means nothing.

Keep protesting in the dirty, police-ridden streets, we'll keep raking in these unprecedented profits from the safety of our highrises.

After all its the mass tax-paying suckers like you who pay for our calculated risks, so if you make a mistake, the IRS sends you to jail, if we a make mistake, we get paid ca$h!

[ukcharlie73]

Geithner shares our anger, i doubt it. Corporations commit crimes they pay fines as no one individual can be identified. Individuals go to jail!!!!!!

[zebra9479974]

@Mottahead The same people who rig the political system in South America are in fact the same people who rig the political system in the United States. Matter of fact, they are largely from the United States.

[pretorious700]

Nobody believes these criminals, not even their co-criminals.

[dynaco]

Too big too fail is a myth promoted to absorb and dissipate the anger of the American public. These big banks should have been allowed to fail and the bankers who screwed up made to carry responsibility for their fuck up.

[twentyarms]

@southsydney that might be funny if things weren't so fucked. I have to "thumb down".

[southsydney]

well sure, im not a part of a corporation so i'm against the way they behave, but baby if i was then Fuck everyone. im looking out for number 1

[8orwellish]

@hotlittledago named Mohammad Baraka (go have a look)