Lost in the babble about the Wall Street rubble was last week's provocative piece on Bill Moyers Journal. Beyond its hackneyed title, "Following the Money," it gets to the heart of the global financial meltdown (video, transcript).

Last night's Frontline episode, "Inside the Meltdown," was an interesting recap about last fall's crash, but it didn't make a point that we hadn't heard before, and it focused on the agony felt by Hank Paulson. Moyers's February 13 chat with economist Simon Johnson, also on PBS, got far less press but delivered much more meat.

Johnson's point: Bailing out the banks by yielding to ex-banker Paulson's pals, is actually bailing out America's oligarchs, and it's a bad idea. A better idea? Bust 'em up. >>MOREMore >>