Breaking the Back of the Elites

Hat tip to Winston on Voy

How do you wrest control of the banking industry away from the vested elites who got us in this mess? Former IMF chief economist Simon Johnson makes the fascinating point that breaking the back of the elites is a critical stage in crisis resolution in developing and post-communist countries — a stage we have yet to go through in confronting our own crisis:”

http://www.talkingpointsmemo.com/archives/2009/02/breaking_the_back_of_the_elites.php

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