Taibbi/Freeland on the One Percent’s Power and Privileges

Moyers & Company:

The One Percent is not only increasing their share of wealth — they’re using it to spread millions among political candidates who serve their interests. Example: Goldman Sachs, which gave more money than any other major American corporation to Barack Obama in 2008, is switching alliances this year; their employees have given $900,000 both to Mitt Romney’s campaign and to the pro-Romney super PAC Restore Our Future. Why? Because, says the Wall Street Journal, the Goldman Sachs gang felt betrayed by President Obama’s modest attempts at financial reform.

To discuss how the super-rich have willfully confused their self-interest with America’s interest, Bill is joined by Rolling Stone magazine’s Matt Taibbi, who regularly shines his spotlight on scandals involving big business and government, and journalist Chrystia Freeland, author of the new book Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else.

“We have this community of rich people who genuinely believe that they are the wealth creators and they should get every advantage and break,” Taibbi tells Bill. “Whereas everybody else is a parasite and they’re living off of them”

Freeland adds, “You know, 2008 is not so long ago, and already, the anti-regulation chorus is so strong. How dare they have the gall to actually argue that too much regulation of American financial services is what is killing the economy?”
chingalerasays...

I fer one shall welcome the day when the global billionaire's club is dragged bleeding into the streets by the cake-eating, diabetics....For Christsakes, they're fucking douchebags the sane wouldn't want to know or have breeding anyhow!!??

chingalerasays...

Here's the real deal: In America, you are rich according to most of the know world's standards by way of your geographical location. If you live here and think yourself poor you have been duped by those who have designed the place to operate on a mixture of your blood and psyche.

True wealth comes from the freedom from desire and the leisure to evolve spiritually, physically, emotionally, etc. The box most are kept in by the few who determine the direction of humankind according to their power and influence over economies and governments??...Pure, fucking, evil. Always been here, always will be.
Obama is one of their lackey's (for all ye who would "vote" a better way), and the other candidate is an equally as out-of-touch, succubus from the realm of the undead.

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