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

People are pissed off about this financial crisis, and about this bailout, but they're not pissed off enough. The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup d'état. They cemented and formalized a political trend that has been snowballing for decades: the gradual takeover of the government by a small class of connected insiders, who used money to control elections, buy influence ... Full Story »

Posted by Randy Morrow

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Review

Julian Friedland
4.1
by Julian Friedland - Mar. 23, 2009

Takes much for granted in its assumptions about corporate power and uses filthy language that will turn off some readers. Still, provides a decent picture of what the bailout terms really mean.

If you've been paying any attention to the growing plutocracy in this country, Taibbi's licentious rage is well taken.

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