Stiglitz: Obama Has Confused Saving the Banks with Saving the Bankers - Democracy Now Pt 3

[balantz]

Run time: 10:26 https://www.youtube.com/watch?v=y7zp3PH38k8   Posted on YouTube: February 25, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: February 26, 2009 By DU Member: balantz Views on DU: 978

 
We get reaction to President Obama’s speech from Nobel economics laureate and former World Bank chief economist, Joseph Stiglitz. Stiglitz says the Obama administration has failed to address the structural and regulatory flaws at the heart of the financial crisis that stand in the way of economic recovery. Stiglitz also talks about why he thinks Obama’s strategy on Afghanistan is wrong and that Obama’s plan to keep a “residual force” in Iraq will be “very expensive.” On health care, Stiglitz says a single-payer system is “the only alternative.”

Part One and link to Part Two: http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=385&topic_id=276404&mesg_id=276404

[waiting for hope]

1. K&R!

[bertman]

2. Rec. Thanks for posting this, balantz.