{"id":184704,"date":"2012-02-10T21:45:00","date_gmt":"2012-02-11T02:45:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2012\/02\/10\/sorry-felix-you-are-wrong\/"},"modified":"2012-02-10T21:45:00","modified_gmt":"2012-02-11T02:45:00","slug":"sorry-felix-you-are-wrong","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2012\/02\/10\/sorry-felix-you-are-wrong\/","title":{"rendered":"Sorry Felix, You are Wrong"},"content":{"rendered":"<p>Yesterday, I talked about Dave Dayen and Yves Smith&#8217;s take on the settlement, and their take was &#8220;bankster bailout&#8221;, and I noted that Felix Salmon&#8217;s take was that it was a good thing.<\/p>\n<p>Well, now the journalist who is I think the best person (this side of Jon Stewart, anyway) at distilling the complexities of Wall Street to you average reader, Matt Taibbi <a href=\"http:\/\/www.rollingstone.com\/politics\/blogs\/taibblog\/why-the-foreclosure-deal-may-not-be-so-hot-after-all-20120209\">has weighed in<\/a>, and not only is he calling bailout for Wall Street crooks, but he apologizes for his earlier optimism.  What&#8217;s more, he distills what it all means in one paragraph:<\/p>\n<blockquote style=\"color: blue;\"><p>But this deal not only doesn&#8217;t end robosigning, it officially makes getting caught for it inexpensive. Shame on me for ever thinking that might be a good thing.<\/p><\/blockquote>\n<p>That is the final word.&nbsp; Fraud and forgery have been given a price tag, and it&#8217;s less than 2 grand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, I talked about Dave Dayen and Yves Smith&#8217;s take on the settlement, and their take was &#8220;bankster bailout&#8221;, and I noted that Felix Salmon&#8217;s take was that it was a good thing. Well, now the journalist who is I think the best person (this side of Jon Stewart, anyway) at distilling the complexities of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,1004,972,1088,1173],"tags":[],"class_list":["post-184704","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance","category-justice","category-real-estate","category-white-house"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/184704"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=184704"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/184704\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=184704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=184704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=184704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}