Simon Johnson of the IMF on the ongoing financial bailouts – Simon Johnson works for the IMF, and what he sees in the US approach to its financial crisis is much more similar to say, Indonesia or Russia, than a "normal" developed world economic mess. He sees a clash between the government, and an oligarchy, in which currently, the oligarchy is winning. Hopefully we'll get our act together here… as the IMF isn't going to be stepping in anytime soon. (tagged: financialeconomypbsmoyerscrisiseconomicspoliticsgeithnerimf )