December 11, 2009

POWER WATCH: TAKE IT AWAY, MR. TAIBBI

Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of 2008. He pushed a tax plan to soak the rich, ripped NAFTA for hurting the middle class and tore into John McCain for supporting a bankruptcy bill that sided with wealthy bankers "at the expense of hardworking Americans." Obama may not have run to the left of Samuel Gompers or Cesar Chavez, but it's not like you saw him on the campaign trail flanked by bankers from Citigroup and Goldman Sachs. What inspired supporters who pushed him to his historic win was the sense that a genuine outsider was finally breaking into an exclusive club, that walls were being torn down, that things were, for lack of a better or more specific term, changing.

As I stated here, Matt Taibbi is one of the very few real journalists left. Not only did he what I consider to be award-worthy stuff on Goldman & Sachs earlier this year and pissed off all the right people, he now has written, for Rolling Stone again, no less...

(where exactly are Time and Newsweek and the Washington Post and... and...? Oh yes, that's right. They're asking themselves if they can get the number of Tiger Woods' Holes In One higher than 11 porn stars, bar girls and party pussies)

... what is the most scathing indictment of Barack Obama's firesale of the world economy. But hey, he ain't alone. All governments are doing the same, and please, nobody bring up the one-off "we are going to tax some bonus banker payments this year" in Britain. After all, boys and girls, they got an election coming up next spring, and the retarded masses need to be fed something by Gordon Brown.

Take it away, Mr. Taibbi...