Monday, September 22, 2008

NO NO NO NO NO DON'T DO It AMERICA!!!!

The Great Glenn Greenwald on the current whopping bailout of the various culpable financial entities:

I don't pretend to know anywhere near enough -- in terms of either raw information or expertise -- in order to opine on the necessity or lack thereof of The Latest Plan in terms of whether the alternatives are worse. But what I do know is that an injustice so grave and extreme that it defies words is taking place; that the greatest beneficiaries are those who are most culpable; and that the same hopelessly broken and deeply rotted institutions and elite class that gave rise to all of this (and so much more) are the very ones that are -- yet again -- being blindly entrusted to solve this.
[Emphasis added.]

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