As I've mentioned, Obama is in deep with the bankers, who are every bit as degenerate and despicable as the Koch brothers, Richard Mellon Scaife, or Rupert Murdoch. About a year and a half ago, Matt Taibbi—a truly heroic journalist, in an age when they seem to be disappearing—wrote an article for Rolling Stone laying out precisely how Wall Street, led by Greed Incarnate Goldman Sachs, has pillaged our nation's wealth repeatedly, and for generations:
"The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."
The article is titled The Great American Bubble Machine, and I highly, highly encourage you to read it, if you want to understand where we are as a nation, and how we got here (hint: we weren't bankrupted by teacher's unions).
Money quote—and boy, is it on the money:
"What you need to know is the big picture: If America is circling the drain, Goldman Sachs has found a way to be that drain - an extremely unfortunate loophole in the system of Western democratic capitalism, which never foresaw that in a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy."
Please, take a few minutes, and read this important story.