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Bill Moyers Journal: American Banking Oligarchs

submitted by radx

1 decade 5 years 9 months 2 weeks ago

"This week on the JOURNAL, Bill Moyers spoke with former International Monetary Fund chief economist and MIT professor Simon Johnson about the Federal government’s response to the world’s economic maladies. Johnson suggested that the U.S. government's policies -- including recent efforts at economic stimulus -- are designed by and for a small class of wealthy elites."

Source: PBS

Found via Dean Baker's blog

You can also watch the clips and/or read the transcript at PBS

There's also a very informative Financial Crisis for Beginners available at Johnson's blog, The Baseline Scenario.

8 Comments

It's out of sync, but it's also the only one I found at this time and it's well worth it.

Welcome to scAmerica.

Nothing's going to change until it all goes boom. The system is set up to let the rich get richer at everybody else's expense, and if anything deviates from that plan the system stops working, which should be a clear indicator that the system itself is the problem.

Come on, say it with me: Show me the money!

*dead

This video has been declared non-functional; embed code must be fixed within 2 days or it will be sent to the dead pool - declared dead by radx.

*dead

This video has been declared non-functional; embed code must be fixed within 2 days or it will be sent to the dead pool - declared dead by chingalera.

Awarding chingalera with one Power Point for fixing this video's dead embed code.

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