
Bill Moyers had an excellent program on the Sub-prime mortgage scandal, and "too big to fail banks" called "Crony Capitalism".
Moyers hosted the show with guest David Stockman. Stockman; The first whistle blower ,former secretary of the Treasury? Of the Reagan Administration. He quit or got fired before the end of his office, and wrote a tell all book. Fortunately there was no financial meltdown in America at that time, so I guest Stockman didn't get that much press at the time.
I sure what he had to say in his book was very interesting. Stockman said some interesting things in the recent T.V interview, basically he said many times that the event that occurred, the big financial meltdown that happened at the end of G.W Bush's term will probably happen again. Moyers next guest practically said the same thing, "Its not a matter of why or how ,but a matter of when!"
Well what would it take to fix something like that so it wouldn't happen again"? It would take an event probably more traumatic than what happened in the meltdown.
"How can we fix the system and these problems?" Stockman basically said "You have to get money out of politics." Because all the money in in a few hands in America and there using that money to influence legislation in America.
Seems like a bit of the conversation was inspired by the "Occupy" movement that's somewhat active in America. Which might be topical but somewhat unfortunate because the "occupy"movement , at least in Oakland California, seems influenced by alot of divergent view, some of these views colliding with local politics.
I added a link where you can see the show, on the right.
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