DAVID
ROTHKOPF
9/11
Was Big. This Is Bigger.
washingtonpost.com
—
Two September shocks will define the presidency of George W. Bush.
Stunningly enough, it already seems clear that the second may well
have far greater and more lasting ramifications than the terrorist
attacks of Sept. 11, 2001. That's because while 9/11 changed the way
we view the world, the current financial crisis has changed the way
the world views us. And it will also change, in some very fundamental
ways, the way the world works.
DEAN
BAKER
Did
Paulson Mislead Bush on the Bailout?
tpmcafe.talkingpointsmemo.com
—
According to the Washington Post, after the initial defeat of the
bailout package in the House, President Bush asked Treasury Secretary
Henry Paulson about "Plan B." Paulson told Bush "there
is no Plan B." Of course this was not true.
MIKE
ILLIS
The
Golden Parachute Survives
washingtonindependent.com
—
For supporters of the Bush administration’s $700-billion Wall
Street bailout, it stands as a key selling point: a provision that
limits pay packages for the heads of companies helped by the
taxpayer-funded rescue program. There's just one problem: It would do
little to cap executive pay or rein in the enormous retirement
packages — the golden parachutes — that have come to
symbolize corporate excess.
GARRISON
KEILLOR
They're
Steailing from You and Me — Where's the Outrage?
alternet.org
—
It wasn't their money Wall Street was playing with. It was ours.