Okay, so this piece is a little old but it really is a true must-read. The amazing Matt Taibbi pens another tome of an article railing against the establishment with his usual populist rage. Eloquent and insightful, Taibbi discusses the impending failure of the Obama Administration’s attempts to “reform” Wall Street. He systematically singles out each member of the gang of cronies that caused the economic crisis and are now being relied upon to rein in their former colleagues. Who Obama turns to for advice nowadays is truly shocking when you consider the many connections to Citi Group, Goldman Sachs and other companies receiving favorable treatment while the average Joe pays for the failings of those institutions that are “too big to fail” and likely will be for the foreseeable future. Where have his progressive economic advisors from the campaign gone? Banished along with any hope of truly restructuring the economy. Taibbi’s argument created a great deal of chatter in the blogosphere and I urge you to weigh in on this increasingly important issue.
http://www.rollingstone.com/politics/story/31234647/obamas_big_sellout/3
