3 Matching Annotations
  1. Oct 2020
    1. As Matt Taibbi observed way back in 2009 in the midst of the previous bailout, “By creating an urgent crisis that can only be solved by those fluent in a language too complex for ordinary people to understand, the Wall Street crowd has turned the vast majority of Americans into non-participants in their own political future. There is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power. In the age of CDS [credit-default swap] and CDO [collateralized-debt obligation], most of us are financial illiterates. By making an already too-complex economy even more complex, Wall Street has used the [2008] crisis to effect a historic, revolutionary change in our political system – transforming a democracy into a two-tiered state, one with plugged-in financial bureaucrats above and clueless customers below.” [10]

      Great quote.

  2. Aug 2020
  3. Apr 2017
    1. ound," they are usually created.

      Depends which kind of rhetor you are. For this example, if you are say the government official that is involved in this situation, the case could be made that the situation was created. But, if you are a reporter or some media employee, chances are you "found" the situation and translated to the public. At the same time, that's also the literally sense of found, which most likely isn't the meaning here.