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Public Enemies: How Did Brett Favre and LeBron James Become So Hated?
On August - 5 - 2010
The anger is palpable, and it’s everywhere.
People are mad as hell, and anger is like steam in a pipe—it needs to be channeled somewhere or it will burst the pipe.
So it’s channeled. First, toward Fannie and Freddie, and Goldman Sachs, and AIG.
But that doesn’t quite do it since it isn’t easy to grasp how packaging derivatives and blurring commercial and investment banking and other highfalutin financial speak resulted in our 401(k)s disappearing faster than the relevance of Kim Kardashian.
It is clear they are bad guys, but the chain of events is muddied.
Thus, the fury is turned toward the government. ...