David, sticking Citigroup’s economist in the Treasury Dept. is just one of a series of moves on the part of the Wall Street Elite to take over key government roles (they own the Treasury Dept.) and grab new powers that will allow them to grow Wall Street corporatism and thus enrich their network of pals by stealing from the middle class.

Goldman Sachs-Citigroup, oops, I mean the Treasury Dept., now has unprecedented powers to steal and spend taxpayer dollars without any oversight from the congressional body. These people are so taken with themselves, so drunk with power, and so brazen, they don’t even care about the response of rage all across America because they actually believe that they can’t be stopped now. The Federal Reserve has got their back, after all, and the president – Bush, Obama, doesn’t matter – has given his nod of approval.

Kathryn makes the point that the AIG bonus rip-off is actually a good thing because it puts the moral hazard issue front-and-center, and therefore it is educating people in the art of what is really going on. Wall Street Kings are getting richer and more powerful just as this country is facing the greatest economic crisis in its history, one that is draining from the middle class what little wealth they had. That is having the effect of waking Americans from their docile state, and finally, they are beginning to understand that something very wrong and very evil is going on here.