KoKo
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Tue Feb-10-09 06:44 PM
Original message |
Joseph Stiglize (Pulitzer Prize Winner) on why We Shouldn't BUY Garbage! |
kenny blankenship
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Tue Feb-10-09 06:58 PM
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1. "Our theories about self-interested behavior are being verified" |
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Edited on Tue Feb-10-09 07:04 PM by kenny blankenship
Good one.
Seriously though I hope everyone watches this clip and takes to heart what Stiglitz is saying about "what we've seen happen around the world" whenever a public gives bailout money to crooked blown up banks without asserting control.
Stiglitz has the judgment, temperament and public spiritedness to oversee the restructuring of the US banking system. Larry Summers I trust about as much as Dick Morris.
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Stevepol
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Tue Feb-10-09 07:08 PM
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2. This should be viewed by everybody. Needs to go to the Greatest! |
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I'm afraid he's right about Obama and Geithner. They're going to do everything wrong before they figure out what's right.
I wish Obama would pay more attention to Stiglitz and Krugman and less attention to Geithner and his ilk, all these high rollers who now have become so concerned over the American economy after spending their lives diverting as much of the American economy into their own pockets as they could.
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digidigido
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Tue Feb-10-09 08:04 PM
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3. Probably the most important post in the history of DU |
KoKo
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Tue Feb-10-09 08:19 PM
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4. He was better than listening to CNBC/Tweety or CNN on the Banking Crisis... |
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At least he explained a lot more than those spin/pundit/corporate sites did to help me understand what it's all about. :shrug:
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Postman
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Tue Feb-10-09 09:33 PM
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5. in other words, NATIONALIZE THE BANKS. |
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IF you can't play by the rules, you're not playing.
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debbierlus
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Tue Feb-10-09 11:14 PM
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Thu Apr 25th 2024, 02:55 AM
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