Bill Moyer interviews Kevin Phillips

[4dsc]

If you want to really know why we are in this mess on Wall street then please listen and watch this video.. We are in a world of shit much deeper than even I thought after listening to Mr Phillips..

http://www.pbs.org/moyers/journal/09192008/watch2.html

[tekisui]

1. This is a must see, and his book will be a must read.

[trumad]

2. WOW!

We're totally fucked.

[Wilber_Stool]

3. Caught the last 20 mins of his talk.

The upshot of it is that there is no one on the workers side. NO ONE.

[demgrrrll]

4. HOLY crap Homes lose 20-30 percent and stocks 30-40 percent?

wow. We are well and truly... I am at an age where I am not going to be able to have 20 years to make that much back up. Luckily I have lived very frugally so I should be fine but I really am counting on my social security.

[peekaloo]

5. "the next two decades" will be a struggle.

"despairing"

no kind words for either candidates' financial teams either.

Jebus.

[Greyhound]

7. Is that why nobody is interested in this?

Because he points out that both parties are in this up to their eyeballs?

[Greyhound]

6. Kick for our potentially tragic future.

:kick: & R

[Greyhound]

8. So, he says, and he has an unmatched track record of accuracy, is

that we are screwed because the all money that runs DC comes from one source, so whichever party controls can't do anything lest the parasites turn off their spigot.
:kick: