KO had Matt Tiabbi on his show this evening. They talked about this new piece Matt has in Rolling Stone.
The five-part story ends depressingly like this:
The threat posed by Bank of America isn’t just financial – it’s a full-blown assault on the American dream. Where’s the incentive to play fair and do well, when what we see rewarded at the highest levels of society is failure, stupidity, incompetence and meanness? If this is what winning in our system looks like, who doesn’t want to be a loser? Throughout history, it’s precisely this kind of corrupt perversion that has given birth to countercultural revolutions. If failure can’t fail, the rest of us can never succeed.
The sad part is that Obama knew when he hired Geithner and Summers and all of their Wall Street cronies exactly what he was getting. Alas, we are stuck with this because either of the two remaining Repub clowns are no more qualified than MooseWoman.