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Matt Taibi on how the economic disaster we are enjoying, has Bob Rubin's name all over it. Robert Rubin through his protege and friends is STILL influencing how we decide policy from Bankster Bailout to preserving bonus money flow.

Rolling Stone (video): Obama's Big Sellout

Rolling Stone (text): Obama's Big Sellout

Money quote:

The irony of Bob Rubin: He's an unapologetic arch-capitalist demagogue whose very career is proof that a free-market meritocracy is a myth. Much like Alan Greenspan, a staggeringly incompetent economic forecaster who was worshipped by four decades of politicians because he once dated Barbara Walters, Rubin has been held in awe by the American political elite for nearly 20 years despite having fucked up virtually every project he ever got his hands on. He went from running Goldman Sachs (1990-1992) to the Clinton White House (1993-1999) to Citigroup (1999-2009), leaving behind a trail of historic gaffes that somehow boosted his stature every step of the way.

#politics