In a new article in Rolling Stone Magazine, journalist Matt Tabbi takes an in-depth look at the story behind AIG. “The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup d’état,” writes Taibbi. “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 and systematically weaken financial regulations.”Howie P.S. Amy Goodman interviews Taibbi who gives us one more opportunity to understand the shit storm we are going through.
Matt Taibbi, contributing editor for Rolling Stone Magazine. His latest article is called is “The Big Takeover.” He is author of a number of books, his most recent is ’The Great Derangement: A Terrifying True Story of War, Politics, and Religion."
Wednesday, March 25, 2009
Man of the Moment: Matt Taibbi (with video and audio)
Democracy Now!--AIG and the Big Takeover: Matt Taibbi on “How Wall Street Insiders Are Using the Bailout to Stage a Revolution”(with audio and video):