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New York Times Bailout

Jason Linkins

NYT Runs Incomprehensible, Dismissive Review Of 'Bailout'

HuffingtonPost.com | Jason Linkins | Posted 09.24.2012 | Politics

Let's look at Jackie Calmes' poorly argued New York Times "takedown" of the former TARP Special Inspector General's new book, Bailout. If you're living in America, and you can't figure out why "Wall Street turned so hostile to President Obama's re-election," then you haven't been paying sufficient attention. In the first place, people on Wall Street have made it pretty clear that their major beef with Obama is that he refuses to characterize them as all-knowing, all-wise, fully redeemed individuals. Instead, he has been critical of the role they played in the financial crisis. And that's what hacks them off. And Wall Street knows they'll be getting a better deal from Romney, so they support him. Do I really have to spell this out for Jackie Calmes? Apparently, yes!