A Watchdog?

March 20th, 2009
Friday Morning, 11:20 AM

As a follow-up to my post last week, "Who's Watching the Watchdogs", the best piece of journalism (It's ALVIE!) that I read this week comes from Matt Taibbi over at Rolling Stone online. In an article titled, The Big Takeover, Taibbi paints a disturbing picture of what truly is going on in the halls of Washington and Wall Street "while Main Street sleeps". According to Taibbi, while the American public tries to figure out "who moved our cheese", Wall Street and Washington are creating a New World Banking and Political Order. It's Orwell meets "Woodstien" reporting, thoroughly investigated, with a bitter, real-time, inauspicious tone.

As Taibbi did time and time again during the Election, he continues here to peak behind the curtain to see who is benefiting from the economics of Politics. In this story he is focusing on one of the greatest economic blunders of all-time, crystallizing for the taxpayers the parties involved and the impact their actions will have to our way of life. All the time know that we will be on the sidelines watching and financing one of the most costly, ominous power grab in American history.

I ask again:
- Why isn't the mainstream media, The NY Times, Wash Post, Wall Street Journal, providing this type of in-depth, gripping, fact-based expose?
- Why does this type of reporting have to come from a Music Magazine?

You wonder why Tim Geithner is coming under fire from the "Populist" on the left, right and Main Street this week? Read this and weep:

The Big Takeover by Matt Taibbi, Rolling Stone (click to jump to the article)
The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolution