Run time: 41:27
https://www.youtube.com/watch?v=4Yz3lVJsU2A
Posted on YouTube: September 21, 2010
By YouTube Member: TheYoungTurks
Views on YouTube: 329
Posted on DU: September 21, 2010
By DU Member: ProfessorPlum
Views on DU: 823 |
I don't normally post these TYT "hour" videos here, but the last 15 minutes of this video is something that every DU member (and every citizen of the US) needs to see. I recommend the whole video (much of which is excerpted in smaller TYT videos today), but start at 26:30 and watch to the end.
Cenk begins by talking about the massive disconnect between the financial/political world and the real world that most of us occupy, and how in that world of finance the sense of entitlement is staggering and stunning. He then explains that because of deregulation (and the control of the financial institutions over our government), the financial world has ended up with our money in their pockets. They don't think there is anything wrong with that, because it was all "legal". Which is why actual, strong re-regulation is absolutely necessary - to claw back those ill-gotten gains, and prevent the coming second crash.
The system has been gamed to the point where our money is just being vacuumed up by the already rich, who think they are entitled to it.
Cenk ends by stating the obvious -that Obama is NOT the man for this job. He either doesn't understand the problem (which is not likely) or he understands that understanding it will cost him his job. (There is a Sinclair Lewis quote in there somewhere).
This is some of the most important video I've seen from Cenk - please check it out.