Showing posts with label SIMON JOHNSON. Show all posts
Showing posts with label SIMON JOHNSON. Show all posts

Friday, March 26, 2010

THE TRUTH ABOUT FINANCIAL REFORM

UPDATE:
Liked this (April 23, 2010) Bill Moyers Journal (Bill Black speaks about financial reform) segment. His talk is followed by a talk on "Net Neutrality".
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Watch the full episode. See more Bill Moyers.

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Above video can be seen at: http://video.pbs.org/video/1476763742/#


Even though the Bill Moyers Journal segment (below) aired back in January (2010), we felt it was relevant for today's debates/discussions about financial reform.
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Note: Senator Richard Shelby gets a mention in the video ... not good to say the least.


******** Keiser Report №40: Markets! Finance! Scandal!

UPDATE:



http://www.youtube.com/watch?v=pL3n_dqRfQg


GRETCHEN MORGENSEN on Banking Reform, Bill Moyers Journal, March 26, 2010


INSIDE THE BANKING CRISIS


-Update:

MAX KEISER - MAY 17, 2010

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April 16, 2010
Check out Bill Moyers Journal

Simon Johnson and James Kwak, the co-authors of 13 BANKERS: THE WALL STREET TAKEOVER AND THE NEXT FINANCIAL MELTDOWN
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Monday, October 5, 2009

MICHAEL MOORE UNVEILS TRUE EVIL. AND IF YOU DON'T BELIEVE IT, GO WATCH THE MOVIE

It doesn't surprise me that I'm not hearing a lot more from mainstream media about Michael Moore's movie "Capitalism: A Love Story". [Trailer]
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Have they been muzzled by corporate?
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Even though we're hemorrhaging [jobs and money], the leaders and the wealthy 1% [who control about 85% to 95% of the wealth] of this country want you to think everything is really "not so bad".
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The capitalism we used to love and cherish is dead and if we don't embrace Noam Chomsky's better society and discard the disgraceful "Capitalism 201 Gone Wild", we are in deep, deep, shit.
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But everybody knows this ... right?
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Maybe not, ... maybe we're still in shock or mourning. Remember Naomi Klein's "The Shock Doctrine"?
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Oh, ... people, ... people, ... people ... have we learned nothing? The rich and powerful are masters in pulling the wool over our eyes. [see Oct. 9th, Bill Moyers Journal, Wall Street vs Reform (Video)]
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I learned a whole lot of really repugnant things watching Michael's movie. 1. I had no idea that corporations had life insurance policies on average ordinary workers. I can understand "key man" life insurance policies ... but life insurance on average workers?
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Can you see where this whole health insurance reform is heading? Probably nowhere. Even if we get some legislation, will it be real change? I don't think so.
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You ask ... why not? ...
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Well ... Who wants healthy workers when you can make money on dead ones; and the health insurance company and life insurance company can also make a healthy profit collecting premiums. A win/win for everyone ... right? Everyone accept the deceased's family.
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2. Michael wrote a piece called "Goodbye GM". It was a great piece ... and I loved his vision for a new kind of GM. Well, I'm sad to say that no one really talked about Michael's ideas. Just status quo, steady as she fails.
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There were a few glimmers of hope in the movie ... Michael showed a company where the workers owned the company; and he also showed workers that fought back and brought a company back to life, along with their jobs.
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Michael showed us it is possible to take this nation back from the greedy and corrupt capitalists.
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Barack Obama was our chance to clean house. Well, it didn't happen ... so it's up to us to change things. Bottom up ... flip the switch. Non-violent revolution.
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The tax-payers own a lot of capital in the companies who generate their own wealth, and who use their influence and power to suck the life out of the very people who now own them.
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Are we going let these snakes, hooligans and thugs outwit us? Why not challenge them in the courts, as well as doing a nationwide sit-in (in those companies corridors and offices). That will unhinge the doors to greed and wealth. Don't you think?
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CAPITALISM: A LOVE STORY - MOVIE TRAILER
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THIS IS A MUST WATCH -October 9, 2009 BILL MOYER'S JOURNAL - WALL STREET VS REFORM (video); Summary -; GUESTS: OUR CONGRESSWOMAN FROM TOLEDO (MARCY KAPTUR), AND SIMON JOHNSON (BASELINE SCENARIO)
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