Tuesday, December 09, 2008


Is there something about the big Bank Bailout that bothers you, but you can't quite put a finger on it? This is pretty interesting...it heats up at around the 4 minute mark if you want to skip ahead, but the whole thing is worth watching.


Adam T said...

I get so pissed watching this unfold. I love how robbery is okay if it's complex enough.

If I mug a guy and take his wallet then that's pretty cut and dry, I'm a criminal.

But if I knowingly give a poor guy a loan he can't afford, issue a bond on that loan, sell it to some other sucker, well that's just business. Robbery done while wearing a suit from behind a desk is okay in this country.

Karma is finally catching up to these people. But they'll try to get every one else to suffer for them. They've convinced their pals in the federal government that they're too big and too important to fail. So instead the government will just keep running up the deficit so they can continue to live in their fantasy world.

Argghghgh and these high powered financiers and CEOs are free market ideologues when the issue of healthcare and education pop up. What a crock!

Jeffrey Dekker said...

The shot of Martin Bailey leaning back at 6:30 is hilarious. It looks like he's going to hide under the table.