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Disinfo.com
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Naomi Klein on the Bailout Profiteers and the Multi-Trillion-Dollar Crime Scene
Posted: November 20th, 2008, 6:04pm EST by majestic
The Bush administration has already handed out almost half of the $700 billion in bank bailout money authorized by Congress but has not even filled the mandated oversight positions to review how it is being used.Naomi Klein, author of The Shock Doctrine: The Rise of Disaster Capitalism, has described the handling of the bailout as "borderline criminal" because of this and other problems. Klein spoke to Amy Goodman of Democracy Now! on Monday to explain her accusations."We were all reassured that there was going to be transparency, accountability, legality," Klein stated. "But now we're finding out that, in fact, Henry Paulson has achieved his original goal by stealth, because there is no accountability, and lawmakers are very hesitant to challenge this. ... Essentially, what the Bush administration has done is said, 'We dare you to challenge us and be responsible for the Great Depression.'"