I missed this cover on Friday when it came out. I saw the newspaper yesterday, lying out on the street and took a shot.
The words are curiously identical with Geitner’s which doesn’t bode well for anyone. The question mark after the headline is warranted.
And, speaking of Obama, Geitner, linking a must read piece from Krugman
Yet they have paid no price. Their institutions were bailed out by taxpayers, with few strings attached. They continue to benefit from explicit and implicit federal guarantees — basically, they’re still in a game of heads they win, tails taxpayers lose. And they benefit from tax loopholes that in many cases have people with multimillion-dollar incomes paying lower rates than middle-class families.
This special treatment can’t bear close scrutiny — and therefore, as they see it, there must be no close scrutiny. Anyone who points out the obvious, no matter how calmly and moderately, must be demonized and driven from the stage. In fact, the more reasonable and moderate a critic sounds, the more urgently he or she must be demonized, hence the frantic sliming of Elizabeth Warren.