When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
I can't figure out how to embed it here, but the folks at Seeking Alpha did--a great segment from Jon Stewart taking on Goldman Sachs, in the vein of Matt Taibbi (whose Rolling Stone article about Goldman Sachs we've reported here). Watch the video here.
Speaking of Matt Taibbi, he was interviewed last week on Here and Now, a program on Boston's WBUR. Right after that was an interview with TARP-watchdog, Harvard Law professor, and bankruptcy expert Elizabeth Warren. Both were great interviews; listen to them here.
Robert Zevin made similar points about Goldman in the talk he wrote for a D&S house party back in May: All that Glitters Is Goldman Sachs.