Sorry for the second post but I can't help this one...

[nycmaniac]

This article has changed my views on our current state of economy and bailouts. Here are a few quotes from the articles that I found particularly interesting.  [I highly suggest everyone just read the entire article.]

Comments

[nycmaniac]

Actually I am certain this Author did a really good job. In the last part of the article he said,
"The real question from here is whether the Obama administration is going to move to bring the financial system back to a place where sanity is restored and the general public can have a say in things or whether the new financial bureaucracy will remain obscure, secretive and hopelessly complex. It might not bode well that Geithner, Obama's Treasury secretary, is one of the architects of the Paulson bailouts; as chief of the New York Fed, he helped orchestrate the Goldman-friendly AIG bailout and the secretive Maiden Lane facilities used to funnel funds to the dying company. Neither did it look good when Geithner - himself a protégé of notorious Goldman alum John Thain, the Merrill Lynch chief who paid out billions in bonuses after the state spent billions bailing out his firm - picked a former Goldman lobbyist named Mark Patterson to be his top aide."

Though a blow at the administration's pick for the Treasury Secretary doesn't make the article balanced but to me as a reader I felt he was very balanced. He played with my political heart strings. I felt I was enlightened. You should read the whole article I really enjoyed it.