Tag Archive for 'TARP bailout'

Putting US politics in perspective

A couple of items which provide some food for thought:

Firstly -

Barack Obama does represent change from the era of the Bush administration. He is the limited change that’s possible within the logic of the current system.

Image source here.

Secondly – Arianna Huffington:

Judging by where the media are focusing their attention, you’d think the Blago/Burris/Reid and Kennedy/Paterson/Cuomo soap operas are the biggest issues facing the nation — and that little thing about the potential collapse of the world’s largest economy is just a sideshow.

Why have the media shown such relatively little interest in the utter lack of transparency about the bailout?