Optimism On Financial Reform: Robert Kuttner Of The American Prospect

[biggerturtle]

Kuttner is an idiot

[GorgonLuvs8008135]

Nationalize the banks!! How is that not obvious???

[leemailme]

4:55 Dude murdered that Churchill quote.

[upplsuckimcool16]

I agree we should make these things more simple but that will NEVER happen! Our system is set up to be confusing.... which was done on purpose so that the average american will not fully understand.

Example.... when republicans stopped taking donations from goldmen sacs they yelled SEE we aren't drones for corporate interests, we stopped taking donation and Obama still takes them... while at the same time making deals with every other bank there is..... because most ppl won't make the connetion

[droogzak]

I am worried about what Kuttner says: spend first, then balance the budget. Even though that theory is correct, I don't think that there's the time and money to apply that theory in this instance. Look what's happening in Europe (where I am from), budget deficits and government debt are so high that investors aren't sure they will get their money back in years time--> rising interest rates.

[TheGiantRobot]

I want to see the banking system go entirely. Why do the bankers get to loan money they don't have? What the fuck? Who are they? Good golfers?

If they get to do it, why can't I do it? At least let me choose to borrow money from my government rather than from private jerkoff bankers. If it's such a great system for society, let me pay the interest back to society, not to golfing assholes who are fucking with our money system to squeeze every last drop of blood from us while contributing zilch.

[JerkyChid]

@TheGiantRobot

Don't agree completely with your solution but I agree wholeheartedly with your spirit

[EmilyKennedy748]

8th. :)

[hunt3rxwl]

Want to know the funny thing my goverment (the irish gov) has hired Goldman Sachs to try fix are economy even though they cause this shitty recission

[therealcharismatron]

Finally something new from the Turks--damn!

[xxFortunadoxx]

@ecwaufisxtreme Sarah Palin as president would decimate the economy.

BTW: You fail at trolling. Your grammer is too good and you're not posting in caps enough.

[ecwaufisxtreme]

@xxFortunadoxx

No, she will make the economy more robust than ever before. She will implement Palinomics for it has the divine blessing of GOD HERSELF!

[Connojack]

@xxFortunadoxx shut your fucking face faggot!

[xxFortunadoxx]

@Connojack Reported.

[xxFortunadoxx]

@Connojack No.

[aaronsande]

@ecwaufisxtreme With her daughter as Chief of Staff! Or however high she can get at her age.

[KKDragonLord]

@ecwaufisxtreme unregulated economy is when everyone is out for themselves, they will eat each other and do the bidding of no one but sate their own selfish desires. Its not a stable economy its quite the opposite really, ever seen that movie The Lord of Flies? Government intervention created this mess? quite the opposite... watch some more TYT, look for the economic videos and you will understand.

[marsCubed]

@KKDragonLord

The problem with the free market is that 'the invisible hand' is not connected to a brain.

The whole system is in trouble, not just banks, individual capitalists all rush for profits, this leads to market saturation, corps cut wages to stay in the game.. then because wages go down.. nobody can afford to buy so even more corps go bust.

We want some competition for efficiency and fun even, but unregulated unplanned chaos is costing the Earth, literally.

corps and banks need to STFU.

[DylanM821]

@ecwaufisxtreme I would disagree with you. Not regulating the financial sector would lead to an even worse economic collapse then we saw in 2008. It's like trying to play football without referees.