SF Bay Area Indymedia indymedia
About Contact Subscribe Calendar Publish Print Donate

U.S. | Labor & Workers

VIDEO: "Overdose: The Next Financial Crisis," 46 min
by www.therealnews.com
Monday Dec 2nd, 2013 11:44 AM
By spending $4 billion in lobbying and campaign contributions, Wall Street banks carried out a "quiet coup" (Simon Johnson). Banks own this place (Sen. Dick Durbin). The state has become the "errand boy" of the banks (Bill Moyers).
VIDEO: Overdose: The Next Financial Crisis, Dec 2012, 46 min

http://therealnews.com/t2/component/hwdvideoshare/viewvideo/75290/best-o...

The financial/economic crisis is being stylized as a state debt crisis. The risk managers were really risk creators. The private losses from speculation and fraud are shouldered by the lower and middle classes.