David Lindorff wins the prize for hyperbole

[ProSense]

Obama Administration Careening Towards Disaster (and Taking the Country With It)

by Dave Lindorff

By Dave Lindorff

Six months after the failed Bush administration effort to "rescue" the US financial system, and after two months of failed efforts by his own new administration, at an expense to the American public of several trillion dollars and counting, the Obama administration is announcing plans to blow another $1 trillion in a massive taxpayer giveaway to investors who will be subsidized in an effort to get them to buy the so-called toxic assets on the books of the nation's biggest banks.

<...>

Instead of decrying the bonus payments to AIG executives, the American public should be demanding the indictment of Paulson, Summers, Geithner and Co. for IGL: Incomprehensibly Grand Larceny.

Instead of trying to rescue the nation's giant banks, we should be demanding that they be shattered into little harmless pieces.

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What's in the water?

[Hestia]

1. Maybe this article and another link?

The Big Takeover
The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolution
MATT TAIBBIPosted Mar 19, 2009 12:49 PM

http://www.rollingstone.com/politics/story/26793903/the_big_takeover

Naked Short Selling
http://deepcapture.com

[KittyWampus]

2. What's with DU'ers with their heads up their asses? AIG told Obama FUCK YOU last week and Obama

alternately laughed it off and feigned outrage.

The economic team Obama set up isn't going to fix jackshit and apparently there's a contingent on DU that is going to try and peck to death anyone who refuses to remain in denial.

[ProSense]

3. Which maybe why anger was directed at AIG for the bonuses.

Maybe people think its nuts to be calling for the indictment of Summers and Geithner and claiming that Obama's administration "careening toward disaster"?





edited typos.

[stillcool]

4. So anyone that doesn't agree with you...

has their head up their ass? What kind of a country, and a global financial system do you think we have? Did those in power go away because there's a different President? And how come everyone knows the details of the economic plan when it hasn't been released yet? You are basing your assumption on the fact that Geithner has worked in the global financial trade his entire life, and by the opinions of those that don't like him? Hope you don't serve on any jury.

[The_Casual_Observer]

5. Obama has more important things to do, like win the war in Afghanistan

for example.

[ProSense]

6. Yeah, he

spent the last few days and weeks focused on nothing but that.