Bill Moyers w/ Simon Johnson talking about the economic crisis

[ProfessorPlum]

Run time: 11:00 https://www.youtube.com/watch?v=YEvwhqoUjMI   Posted on YouTube: February 14, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: February 15, 2009 By DU Member: ProfessorPlum Views on DU: 1287

 
This is part 1. Part 2 is at http://www.youtube.com/watch?v=9B_wIISpZ-Q

[ProfessorPlum]

1. As part of the IMF, Johnson knows exactly about the power

of banks and economies in crisis. He's talking about the Shock Doctrine here.

[Blue_In_AK]

2. He was excellent.

It's gratifying to listen to an economist-type person who can make you understand what's going on...economics not being my strong suit, for sure. He scared the crap out of me, though.

[lyonn]

8. Scary for sure

I think I like his word "anti-trust". It looks like these huge banks need to be broken up if they can't show that they can make a profit with the assets they have or can acquire.

[leftchick]

3. it is not just the banks

our so called reps KNOW we are chumps. :(

[CLANG]

4. I wish the Big O could hire this guy to straighten things out

[Blue_In_AK]

5. No kidding.

It sounds like the options are limited, and somebody needs to do something quick.

[lostnotforgotten]

6. Sad News All Around

eom

[trthnd4jstc]

7. Break Up the Banking Oligarchs.