General Discussion
In reply to the discussion: Let's talk about Glenn Greenwald [View all]msanthrope
(37,549 posts)Glenn is famous for having to edit and re-edit, and 'update' his columns, as his pesky readers offer things like 'facts' and 'figures.'
For example--He first filed this column, editing President Obama's response to why Wall Street Bankers weren't prosecuted--
"I cant, as President of the United States, comment on the decisions about particular prosecutions. Thats the job of the Justice Department, and we keep those separate so that theres no political influence on decisions made by professional prosecutors."
After he got roasted in his comments section, he acknowledged that the President said this---
"THE PRESIDENT: I can tell you, just from 40,000 feet, that some of the most damaging behavior on Wall Street, in some cases, some of the least ethical behavior on Wall Street, wasn't illegal.
That's exactly why we had to change the laws. And that's why we put in place the toughest financial reform package since F.D.R. and the Great Depression. And that law is not yet fully implemented, but already what we're doing is we've said to banks, "You know what? You can't take wild risks with other people's money. You can't expect a taxpayer bailout. We're gonna ask you to set up a living will, so that if you are going down, we've already figured how to break it up, without without harming the rest of the economy.""
And President Obama is right--sub-primes, derivatives?? All perfectly legal at the time. Which is something that Greenwald forgets to mention. Of course, he spends the rest of that column bashing Tim Geithner for the repeal of G-S. Who of course, when Glass-Steagall was repealed, was working in Foreign Affairs....
http://www.salon.com/2011/12/12/obama_i_cant_comment_on_wall_street_prosecutions/singleton/
I think Greenwald also conveniently leaves out mentioning that he has a financial incentive to sell the OWS swag he touts in Salon....he makes money off of crap Hamsher's PAC sells.
http://www.salon.com/2011/11/17/ows_inspired_activism/singleton/