This incomparable article tells us pretty well exactly what this crisis is about; not just money, not just fraud, but the direct seizure of power by a financier clique. Unhappily for them they are now emerging into the light of day away from the dark recesses of power in which they thrived and pulled the strings behind the scenes. Oligarchy is having to seize the direct reins of power and formally ratify itself- just look at the composition of the Obama administration. Such a development, however, will prove fatal and can only hasten their end.

The global economic crisis isn’t about money – it’s about power. How Wall Street insiders are using the bailout to stage a revolution

Matt Taibbi

Rolling Stone

19th March, 2009

It’s over — we’re officially, royally fucked. no empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far. It happened when Treasury Secretary Timothy Geithner was forced to admit that he was once again going to have to stuff billions of taxpayer dollars into a dying insurance giant called AIG, itself a profound symbol of our national decline — a corporation that got rich insuring the concrete and steel of American industry in the country’s heyday, only to destroy itself chasing phantom fortunes at the Wall Street card tables, like a dissolute nobleman gambling away the family estate in the waning days of the British Empire.

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