Everything's a Travesty

Mar 22, 2009 18:10

Rolling Stone lays the entirety of the financial crisis out in easy-to-understand language in an important article from their April 2nd, 2009 issue entitled "The Big Takeover." If nausea develops, sit down, put your head between your knees, and repeat to yourself… Well actually, don't bother because the whole thing is completely boned. Just ( Read more... )

economics

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Comments 4

arcstone March 23 2009, 16:55:29 UTC
Wow. This will take a while to read. I'll have to get back to you on this.

It looks similar to that Newsweek story a while back. (At least the Rolling Stone one, haven't looked at the others yet.)

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ob1quixote March 23 2009, 19:41:02 UTC
Not exactly I think. Unless you mean in the sense of my earlier "Socialism? Dude, we already have socialism," comment.

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arcstone March 23 2009, 20:26:43 UTC
Just something that I was reading while going through your LJ as well, it seemed to be worth shooting your way.

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ob1quixote March 25 2009, 21:02:41 UTC
I just think the tone in that Newsweek article is a little alarmist given the facts of the bailout, viz. trillions going to the already obscenely wealthy whilst 1 in 10 taxpayers are literally out on the street and out of a job. Just sayin'.

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