Another excellent, informative Bill Moyers segment on the economic problems

[Craig234]

I can't think of a commentator I'd rather have in this interview than Simon Johnson (see my sig), and Rep. Marcy Kemptor is not far behind.

This is another excellent segment where they discuss just how corrupt the system is in detail - and it's not sugar-coated, it's pessimistic.

Kemptor lays out some excellent advice for President Obama to 'get new generals' that's very likely not going to be followed.

She also calls as I often have for removing the role of money in the system as essential to taking back Congress.

Simon Johnson has several important comments that lay out how bad the problems are and what they are.

Fed bashers will enjoy the call by Kemptor to 'democratize the Fed' and Johnson's supportive comments on the government-banks-fed link.

The subtitle are comments by Joihnson, who points out that we've gone from 12 main banks to only 4.

I'm not sure if the link includes the Moyers commentary after the interview, but hopefully it does, as it's a rousing 'call to action' by the citizens.

He compares it to the situation a century ago when the people had a populist revolt against the corruption.

It seems to me that this - the financial sector - is THE nation-threatening issue for our generation, and people are not paying much attention to it compared to what'a needed.

Decades of prosperity to come are being lost to the right-wing policies of recent decades.

Link

 

[dmcowen674]

Originally posted by: Craig234

It seems to me that this - the financial sector - is THE nation-threatening issue for our generation, and people are not paying much attention to it compared to what'a needed.

Decades of prosperity to come are being lost to the right-wing policies of recent decades.

Link

Yes, us real Americans will suffer for many years to come because of Bush and Reagan but the good news is if the Messiah Obama and company manage to save the U.S. from oblivion that many of the Republicans and their hate for the U.S. will be gone from the country forever.

Many that have the means to leave and live on other countries have already left. Only the few rich wannabes remain and they are not loving the full attention we have on their sorry asses.

They will leave eventually.

 

[BoberFett]

Originally posted by: dmcowen674
Yes, us real Americans will suffer for many years to come because of Bush

Then you shouldn't have voted for him, douchebag.

 

[Thump553]

I think I'll skip watching that episode-it strikes too closely in line with what I think-Obama & Co. (and the tail end of the Bush Admin) did a respectable job of firefighting-ie, dealing with treating the immediate financial crisis but have done nothing but talk as far as real reform goes. The only one pushing for an meaningful reform at all these days is Chris Dodd, and he is almost certainly facing a battle for his seat next year which will greatly distract him.

I don't totally blame Obama-he has lots of huge, immediate problems on his desk. Also, given the hysterical partisan reaction to the various stimulus and bailout programs, any GOP opposition to any real reform would be a hundred fold stronger.

But in the end I'm seriously worried that real reform will be blocked by the efforts of those in both parties, and by beniegn neglect.

 

[Fear No Evil]

Originally posted by: BoberFett

Originally posted by: dmcowen674
Yes, us real Americans will suffer for many years to come because of Bush

Then you shouldn't have voted for him, douchebag.

Why does Dave hate America?

 

[Jaskalas]

Originally posted by: Thump553
But in the end I'm seriously worried that real reform will be blocked by the efforts of those in both parties, and by beniegn neglect.

The Congressional supermajority and Presidency is meaningless if the power behind it is corrupt. To that end the Democrats are powerless. Those responsible for the problem are not apt to fixing it.

 

[TheSkinsFan]

Originally posted by: dmcowen674
Yes, us real Americans will suffer for many years to come because of Bush and Reagan but the good news is if the Messiah Obama and company manage to save the U.S. from oblivion that many of the Republicans and their hate for the U.S. will be gone from the country forever.

Many that have the means to leave and live on other countries have already left. Only the few rich wannabes remain and they are not loving the full attention we have on their sorry asses.

They will leave eventually.

Why do you continually, and very mistakenly, insist or imply that only Republicans are wealthy?

And, didn't you vote for both of those Presidents?

You're a fucking trip man.

 

[Zstream]

I thought only poor, uneducated, religious hicks are republicans? Are you saying they are rich, educated?

Please clear up your past post as it is causing confusion.

 

[GeezerMan]

near the end of the interview:

MARCY KAPTUR: I don't think President Obama has the right people around him. The poor man inherited a total mess, globally and domestically. I think some of the people that he trusted haven't delivered. I urge him to get new generals. It's time.

SIMON JOHNSON: Louis the Fourteenth of France, a very powerful monarch, was famous for having many bad things, you know, happen under his rule. And people would always say, 'If only Louis the Fourteenth knew. I'm sure he doesn't know. If we could just tell him, he'd sort it out.' You know. I'm skeptical.


I'm with Simon on this. I'm skeptical too.

 

[WhipperSnapper]

Originally posted by: dmcowen674Yes, us real Americans will suffer for many years to come because of Bush and Reagan but the good news is if the Messiah Obama and company manage to save the U.S. from oblivion that many of the Republicans and their hate for the U.S. will be gone from the country forever.

The Democrats are also heavily responsible for the nation's economic problems right alongside the Republicans. Wasn't it the Democrats who supported the immigration law changes in 1965 which dramatically increased the amount of legal immigration into this country? Have the Democrats tried to end the H-1B and L-1 visa programs that displace hundreds of thousands of Americans from often knowledge-based, college-education-requiring jobs? Have the Democrats tried to do anything to eliminate illegal immigration and deport the illegals? Have they tried to end foreign outsourcing and our nation's trade deficit?

Both the Democrats and the Republicans are, for all intents and purposes, one the same party as far as I'm concerned.

 

[WhipperSnapper]

Originally posted by: BoberFettThen you shouldn't have voted for him, douchebag.

You know, back in 2000 when we had the first election, Americans didn't know that Bush was a complete douchebag traitor. Presumably many voted for him because they thought he was a patriotic American who would support having a strong economy. If someone voted for him again in 2004, then they deserve blame.

 

[dmcowen674]

Originally posted by: WhipperSnapper

Originally posted by: dmcowen674Yes, us real Americans will suffer for many years to come because of Bush and Reagan but the good news is if the Messiah Obama and company manage to save the U.S. from oblivion that many of the Republicans and their hate for the U.S. will be gone from the country forever.

The Democrats are also heavily responsible for the nation's economic problems right alongside the Republicans. Wasn't it the Democrats who supported the immigration law changes in 1965 which dramatically increased the amount of legal immigration into this country? Have the Democrats tried to end the H-1B and L-1 visa programs that displace hundreds of thousands of Americans from often knowledge-based, college-education-requiring jobs? Have the Democrats tried to do anything to eliminate illegal immigration and deport the illegals? Have they tried to end foreign outsourcing and our nation's trade deficit?

Both the Democrats and the Republicans are, for all intents and purposes, one the same party as far as I'm concerned.

No argument from me.

Just that the Republicans are guilty of treason against the country, the Dems not so much.

 

[dmcowen674]

Originally posted by: TheSkinsFan

Originally posted by: dmcowen674
Yes, us real Americans will suffer for many years to come because of Bush and Reagan but the good news is if the Messiah Obama and company manage to save the U.S. from oblivion that many of the Republicans and their hate for the U.S. will be gone from the country forever.

Many that have the means to leave and live on other countries have already left. Only the few rich wannabes remain and they are not loving the full attention we have on their sorry asses.

They will leave eventually.

Why do you continually, and very mistakenly, insist or imply that only Republicans are wealthy?

And, didn't you vote for both of those Presidents?

You're a fucking trip man.

I never said Republicans are the only wealthy. They are however treasonous against the U.S. with their money, big difference.

I knew as soon as Reagan started with his "Trickle Down Economics BULLSHIT" he was bad for the country.

I made a mistake voting for Bush the first time, I corrected that mistake the second time but America was too stupid to correct the mistake and as evidenced in here they are still too stupid.

 

[BoberFett]

Originally posted by: WhipperSnapper

Originally posted by: BoberFettThen you shouldn't have voted for him, douchebag.

You know, back in 2000 when we had the first election, Americans didn't know that Bush was a complete douchebag traitor. Presumably many voted for him because they thought he was a patriotic American who would support having a strong economy. If someone voted for him again in 2004, then they deserve blame.

Dave voted for Bush. He needs to leave the country as he instructs those who voted for Bush to do.

 

[Craig234]

Originally posted by: WhipperSnapper
The Democrats are also heavily responsible for the nation's economic problems right alongside the Republicans.

One wing - the largest, the corporatist wing - is. The progressive wing is not.

Wasn't it the Democrats who supported the immigration law changes in 1965 which dramatically increased the amount of legal immigration into this country?

That was a good thing. Read JFK's "A Nation of Immigrants" for the background.

Immigrants are not the cause of our economic problems.

Read Kevin Phillips' "Bad Money" to learn the problems.

Both the Democrats and the Republicans are, for all intents and purposes, one the same party as far as I'm concerned.

You're wrong, badly wrong, even though there is a partial truth in your statement - but the progressive Democrats are not the same at all.

 

[Craig234]

Originally posted by: GeezerMan
near the end of the interview:

MARCY KAPTUR: I don't think President Obama has the right people around him. The poor man inherited a total mess, globally and domestically. I think some of the people that he trusted haven't delivered. I urge him to get new generals. It's time.

SIMON JOHNSON: Louis the Fourteenth of France, a very powerful monarch, was famous for having many bad things, you know, happen under his rule. And people would always say, 'If only Louis the Fourteenth knew. I'm sure he doesn't know. If we could just tell him, he'd sort it out.' You know. I'm skeptical.

I'm with Simon on this. I'm skeptical too.

Sadly, I am as well. No one made Obama turn to Rubin for advice, made him pick the team he picked. It's on him for better or worse.

 

[Craig234]

Originally posted by: Thump553
I think I'll skip watching that episode-it strikes too closely in line with what I think-Obama & Co. (and the tail end of the Bush Admin) did a respectable job of firefighting-ie, dealing with treating the immediate financial crisis but have done nothing but talk as far as real reform goes.

You'll skip watching some of the best commentary on the issue because you agree?

 

[bfdd]

Craig234, you really do think you're smarter than everyone else huh?