Bill Moyers Journal: American Banking Oligarchs

"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.
rougysays...

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.

siftbotsays...

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.

Send this Article to a Friend



Separate multiple emails with a comma (,); limit 5 recipients






Your email has been sent successfully!

Manage this Video in Your Playlists




notify when someone comments
X

This website uses cookies.

This website uses cookies to improve user experience. By using this website you consent to all cookies in accordance with our Privacy Policy.

I agree
  
Learn More