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

Fabrice Florin
3.7
by Fabrice Florin - Mar. 23, 2009

Incisive and strongly worded analysis of the global financial crisis, focusing on A.I.G. and the head of its Financial Products group, Joseph Cassano. The author also singles out Sen. Phil Gramm as a culprit for his role in the deregulation of the financial industry.

While I applaud the depth of this article, which cites extensive evidence to back its points, I do not condone the author's insulting tone and unfair treatment of the individuals he singles out in this piece. This story is more complex and nuanced than the black-and-white portrayal offered by this notoriously opinionated writer. As a result, I had to submit this piece as an opinion, rather than a news report.

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Fabrice's Rating

Overall
3.7

Good
from 18 answers
Quality
3.8
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4.0
Fairness
3.0
Information
4.0
Insight
4.0
Style
4.0
Balance
2.0
Context
4.0
Depth
4.0
Enterprise
3.0
Expertise
4.0
Originality
3.0
Relevance
4.0
Transparency
4.0
Responsibility
3.0
Popularity
3.5
Recommendation
3.0
Credibility
4.0
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