Tuesday, November 8, 2011

Reckless Endangerment: Totally Corrupt America

Last March I reviewed Matt Taibbi's important book Griftopia, an entertaining account of the through-going financial fraud that gave us the financial crisis. Taibbi shows that the US "superpower" can match any third world backwater in the magnitude of greed and fraud that is endemic in business and government. I would not be surprised if Taibbi's book motivated the more aware participants of Occupy Wall Street.

Taibbi's Griftopia was published last year. This year Henry Holt publishers have provided us with Gretchen Morgenson and Joshur Rosner's Reckless Endangerment.

Morgenson and Rosner tell the story again, but with less drama and provocation. Possibly, it might be more acceptable to those gullible Americans who wrap themselves in the flag and refuse to believe that their country could ever knowingly do anything that is wrong.

Read more...

1 comment:

  1. refuse to believe their country could ever knowingly do anything wrong...many do that. strange, now living/experiencing the results of past policy decisions they still refuse to look nor can see when they do look and turn again to call for more of the same policy that got us into this hairball.
    ..I propose we double down in submission to..oooh the WTO, for now...that'll fix it lol

    ReplyDelete

Everyone is encouraged to participate with civilized comments.