Wall Streets False Armistice

The best names in Wall Street banking have announced victory. Their crisis is over, back to business as usual. So why isnt the Obama White House celebrating this good news? Because this may not be a lasting peace for the president and his lieutenants. They are left standing in the mudhole of financial ruin, still surrounded by the failing economy and gradually losing their control over events. The leading bankers worked out a rare deal for themselves that essentially says to the government in Washington “heads we win, tails you lose.”

William Greider | CommonDreams.org