Barack Obama’s open letter to his successor
The Economist

Globalization isn’t the problem, deregulating the damn banking sector was. Neoliberalism made it impossible for anyone who wasn’t rich already to get anywhere. It is rigged and we elected him with a huge mandate to fix it and all he did was bail out the people who messed it up in the first place. The fact that Robert Rubin had such an obvious hand in staffing his administration, as we can now see from wikileaks, shows exactly why he failed. He will go down as one of the worst presidents ever for failing to fix capitalism and allowing the government to be completely captured by special interests.

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