Reference: Obama & Wall Street–Bloomberg Next?

In my last Counterpunch essay, “How Obama’s Initial Personnel Decisions Hardwired the Wipeout” I organized my argument around verbiage describing how Obama “fatal move” to the middle,” leaving the misleading impression that his connection to the middle occurred after the election.  This was sloppy wording and in retrospect it is clear to me that impression …

Review: Griftopia–Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

Matt Taibbi 6 Star Game Changer….Maybe November 2, 2010 This is an extraordinary book, combining gifted insights and turns of phrase with serious research that has a point worth fighting for: Wall Street led by Goldman Sachs has ripped off the entire US economy, and they still have most people thinking that politics matters. It …

Reference: How Goldman Sachs Looted America

Exclusive Excerpt: America on Sale, From Matt Taibbi’s ‘Griftopia’ Matt Taibbi’s unsparing and authoritative reporting on the financial crisis has produced a series of memorable Rolling Stone features. He showed us how Goldman Sachs, that “great vampire squid,” played a central role in creating not only the housing bubble but four other big speculative booms …