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January 24, 2020 08:46 pm PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/YOwY49MC588/jamie-dimon-is-a-highly-selec.html
Jamie Dimon is a (highly selective) socialist
Jamie Dimon (previously) is the Jpmorganchase CEO who committed a $13b mortgage fraud and whose company received $25B in TARP bailout money, $500B in low-cost federal loans, and billions more through the bailout of their insurer, AIG.
He's been talking a lot of shit about how bad socialism is for the world, but as Matt Stoller (previously) points out, Dimon is a very selective form of socialism, who wants a command economy where he does the commanding and where there is no state intervention in the market except when it benefits him.
Stoller's in excellent form in this clip and well worth watching.
(via Naked Capitalism)
(Thumbnail image: Presidencia de la Repblica Mexicana, CC BY, modified) Read the rest
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/YOwY49MC588/jamie-dimon-is-a-highly-selec.html
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