Tim Geithner is Stuck in the Wall Street Bubble

[MrHOWTHEFUCK]

Donkey Bonor

[charr05]

check out EconomyInCrisis on youtube for more about the collapse of our financial system

[Fred13B]

Thinking about what Cenk said about the Wall Streeters' sense of entitlement, I thought about a song that sums up their mindsets almost perfectly.

"I've Got Mine" by Glenn Frey. REALLY sad, when you realize that the song was written seventeen years ago...

[thermalfreek]

I think you should do a story on where Henry Paulson is and how much he´s gettin to do it !!!

[TheRealCritique]

BTW, Repubs and whigger right-winger yokel morons, STFU!!! You elected Reagan, and the Bush crime family to power, and they stole from you while they shipped your jobs overseas, and you're still crying about Clinton and BHO - like the Hussein fucking means anything. You're a bunch of stupid idiots, worrying about democrats. Fine, it turns out the dems are sell-outs, too. You think Boehner is suddenly a working man's friend? The American right-wing male is a complete idiot.

[TheRealCritique]

The repubs did cause this so they should just shut up, but so did the dems. Look folks, we've tried everything we can to change Washington, but the fact is that rebellion, either targeted or general, is the only thing that is going to bring change, and sure, it will get ugly but the people expect a true democrat to come to power, and one will rise above, and we can reinstate our govt afterwards. The fact is that nobody we elect trhough this process is going to change anything.

[sandmanhopes]

do we forget all the non over site on bush bailout & Bush caused this! billions on a war of lies & in rich tax cuts when middle class got none! would be nice if Rich supported our troops like we have.

AIG stinks taking advantage of us our gov & pres funny all repubs & dems wanted Geithner the only one who can fix everything they all said ya right! & now repub senate don't want 90% tax on AIG to get money back love those non caring repubs all they do is play games grow up repubs sick of it,

[Iacrodgers]

Can someone explain to me how banks can lose Billions of dollars? I don't really understand how Wall street works and how they do affects the banks and large companies.

[5158307]

This bonus thing is a scam. It takes the attention off of bho. Welcome to the USSA.

[megamarsvin]

BHO? Is that like the NWO? Take your silly conspiracy theories and kindly shove em unless you have something to back up your crazy claims ;) USSA indeed.. It'd be funny if it wasn't so misguided.

[5158307]

I'm sorry, I guess I was wrong.

[megamarsvin]

lol no worries mate.. we all make mistakes ;)

[legendSmurf]

Geithner won't be going away anytime soon because Obama won't let it happen. If Geithner loses his job, the big banks, CEOs, and big corporations will crush Obama. Obama's in a tough spot. If he doesn't do anything, the people will oppress and he will be fired. If he does something to the big banks, CEOs, ect... he will also be in big trouble.

[PlayT0E]

To simplify

Tim is a wall street insider .. sent in to fix the system. He has a pool of 3 B to draw from. Can he do it? Yes. Should we totally trust him? No.

Obama is focusing on the bonuses because they went to reward the ones most at fault.

This is a very very smart move.

[BrightWave]

I haven't been totally sold on Geithner since day one, but I'll give him some more time. The guy doesn't even have his full staff in place yet and has an assload on his plate to spare.

[hawk100375]

everyone of us should be calling for geithners immediate resignation.

[franksnow79]

It's not a question of the best and brightest, that's just how its sold. The real question is what is the club over the head these guys have on the Treasury department and the White House.

[KarmicJuggernaut]

FIRE TIM GEITHNER

[Minkki82]

HEY CENK, you read these comments? You guys gotta go after Obama for not pulling all of the troops out of Iraq as he said he would pre-election. I love your channel, but man you guys put out a ton of videos daily. Have you got a day job too or smthing?

[KarmicJuggernaut]

oh god are you serious??? Don't worry if Obama leaves trooops in Iraq indefinitely Cenk will go after him. He is going after Obama because of Geithner. Cenk is not afraid to go after Obama. If he was I wouldn't like cenk.

[TheMann2000]

The troops ARE headed home. You can't just pack up and leave in a day. But by the end of next year, they will be home. Obama has already said that.

[orientrat]

This is his day job. He's a full time radio DJ. He has a show on XM and on Sirius, and he just posts little snippets on Youtube.

[tico8007]

geitner is part of the problem, his loyalty is to Wall Street and what they represent and not tax payers

[stuartjamesgemmell]

CENK, CENK CENK, CENK!

[checkurself]

You know, they tell us if we work hard, we will be rewarded for that work. It's the American dream. It's a facade. it's propaganda being fed to the middle class by the rich. The rich, the top 1% make the rules and don't follow them. that's why they are rich and we aren't. Someone has to be providing the labor. the rich need to keep us down to have cheap labor. we are nothing more to them but sheep providing the wool. They don't what us thinking too much.

[NSU224]

Amen!!!!

[fatmoleman]

Tim Geithner is part of the problem, just like the "Federal" Reserve, which he was chair of the NY branch.

[bobbytiger]

I had to replay this video twice to be sure that I heard you correctly.

I am a conservative, and I could not agree with you more.

Common ground?

What the hell is this world coming to?

[p12psicop]

I don't know what everyone is so concerned about. Just pray to the Lord and He will provide. I already prayed on this whole economic mess so there's nothing to worry about.

[depletable]

lol...thanks, bro.

[Tomorer]

Cenk ... I gotttta just say it... U are da MAN !

[jengacrock]

Oh, I get it now! Be incompetent and be rewarded! How stupid of me. I thought I was supposed to work hard, put the company first, make them money, be honest, save them as much money as I can, and I will get ahead. No wonder I did not climb the ladder as high as I thought I should. So to be the most rewarded is to be the most incompetent person in the company! Only in America!

[ladollyvita]

The fox is stuck in the hen house!

[schmokay]

I actually think they should keep their pay. The problem is with the incentives themselve. If you incetivize stupid shit people will do stupid shit. The best and the brightest will do stupid shit, really, really well. Which is what we are seeing now. The compesation committees need to revisit their incentives. The guys taking home the huge pay check, aren't bad people or incompetent, they were doing their jobs. They were doing what the company asked them to do.

[18bites]

but these bonuses are necessary to retain and attract 'talent'. it takes superhuman 'talent' to lose billions and billions of dollars and drive a company to ruin. then imagine the 'talent' it takes to grovel for billions and billions from the taxpayer. it also takes 'talent' to not give 2 shits about the very people that saved your ass. the bailout, over a trillion dollars. talent? priceless

[sachaput]

LOL! You totally got it!

[pulsar00815]

the Obamba administration found their 1st 2 scapegoats today. say bye bye to Geithner and Dodd. waving bye bye now

[SCarter45]

I usually like to agree with Cenk but the last like 4 clips about the AIG/bank bailout issue have been reaching at best or liberal republicanism at worst...

Now I am not a Wall Street CEO nor am I a trader but I understand how a lot of the inner workings of this issue. so I'll make 4 points that sort of debunk Cenk theories.

1) CEO's DO care what shareholders think Why you ask... CONFIDENCE

if you are a shareholder of a company as an individual or you run a mutual fund that buys shares...

[SCarter45]

you buy them because you have confidence in not only who is running the company but how the company is performing or how you expect it to perform... The board which is to original have been elected by the shareholders typically fires a CEO who reduces shareholder/public confidence in the product/company so if a CEO wants to keep that job they will make sure that the company is perceived well.

2) The pay that they receive is not the problem neither is bonuses its the ethics of the business...

[SCarter45]

that became the problem, people began with good intentions which was to make money nothing wrong with that but when traders (the real people u should be mad at) realized that items made the company more money they pushed for more of them inspite of the potential issues of solvancy but also we the people bought into the returns we were receiving from them. Now were some people not educated enough to realize that 30% returns on investment in a year was drastic and abnormal Yes but others were...

[SCarter45]

smart enough to see this but let themselves get caught up in the money train

3) CEO's are just figureheads thats why you can chop them off and it won't solve the problem its barebones system devoid rules and regulations that is the problem. CEO's don't manage much of the day to day creation of the things that caused this downfall which is why Rubin said I don't even understand it (not that I really believe him but in general thats how it is). Hell the manager where I work couldn't do what I do

[SCarter45]

but they are still the manager and get paid more than I do, but thats how the system works. Perfect example Cenk sits behind a desk and talks and we all enjoy his commentary but the real people who make it happen are the people you don't see the guys who work to make the streaming video continue without interruption. Cenk gets the credit but it should really be equal for everyone

4) Geithner and Bernake have the idea right but SUCK at articulating it more often than not...

[AwakenAmerica]

After the next bubble pops, the USA will be so weakened, it won't be able to withstand a power grab.

When Nicholas Rockefeller was friends with producer Aaron Russo, Rockefeller shared his plans for World Govt with him. World Gov't is just beginning to hit mainstream media. Watch my featured video to see what how diabolical it really is

[DieDulciFruere]

Send a letter to Tim Geithner?

[pretorious700]

What's with Cenk's hair? Looks like he soaked up an oil spill.

[zzx2847]

Yeah Arabs don't pull off the Travolta look too well.

[jxsilicon9]

Well it wasn't really just the companies were owned by private individuals. But mass conslidation,laissez-faire policies and mass buyouts of small firms with mergers of other big companies. That created these conglomerates that are wrapped in thousands of laws,shareholders,etc. Not to mention board of directors don't like cutting their golfing buddies(senior managers) pay,bonuses.

[MishuTaste]

No, I don't want the taxpayer's $3,000,000.

[KoutetsuTenshin]

I fucking guarantee you that you can find a handful of guys who would do their job for 100k a year, and be FAR more competent, humble, and honest

[PeoplesProtectorate]

Get this sommofabitch a TV show already!

[Richardgwm]

We know how to prevent these problems. We set up all the necessary regulatory structures to prevent this back in the 1930s, and those regulations worked for sixty years until Reagan began dismantling those laws.

Bring back the laws from the 1930s, and all our problems will be solved.

[MYFreeSpeach4U]

How ignorant you are, you must be the dumbest MF in the world, do your research on the banks 1913, President Wilson, and today. this country is called corporate USA.

Owned by the special interest,

Its GD time for us to take our country back, and restore the constitution, Become a Nation of one! Not haft this and haft that, we can not let this go on, kick out the

real terrorist, the bankers and there friends, Its a strangle hold,

And TYT Get real! be American! and commite to USA

[aero912]

The commissioner of the NFL, NBA, MLB makes over a mill annually.... And these corporations like Citibank....AIG bring in just as much money as these leagues....And being da CEO of these companies are just like being the Commish of those leagues... THEY ARE GONNA GET PAID!!!!... STOP FUCKING GIVING THESE COMPANIES YOUR MONEY......WORK HARD DURING YOUR LIFE AND SAVE MONEY FOR YOUR RETIREMENT... AND STOP TRYING TO SHORTCUT BECAUSE YOU ARE TAKING A CHANCE

[MishuTaste]

That's true. That's why a good financial adviser will suggest that a client DIVERSIFY his money. Only a small percentage of one's salary should be put in risky investments. Those that invested in government bonds didn't get ripped off. Those bonds are guaranteed. A lot of investors know people who made a lot of money investing in this or that fund...so they want part of the action. It's natural.

[aero912]

It amazes me how people will invest( take a risk) in these huge corporations and then Get upset because they blew their money...WHAT DID U EXPECT..YOUR TAKING A RISK...THATS WHAT INVESTMENTS ARE...and Why is everyone made over their salaries??? These CEO's run billion dollar companies just like these sports leagues.....So of course they are gonna make that much... When you invest in stocks and 401ks, you are taking a risk that your company will succeed..and if it doesnt...yor fault.

[StandUp555]

The name for all this is "The Club"

Check out George Carlin !

"It's a Club, and we ain't members" !

[JasperAvi]

Them getting paid for doing a shitty job is not the issue; the issue is them thinking that they deserve a bonus for their shitty work.

[qanazir]

The best and the birigthest are at universities pushing the boundaries of our knwoledge.

They're not a Wall Street juggling money.

[stanjz]

Why not talk about CNBC and Rick Santelli? He is defending the bonuses. Republicans win elections by manipulating public opinion, through media, and getting people to blame government for what greedy corporatists do.

[Spentastic]

I'm begining to lose my faith in capitalism. Please Jesus forgive me for my sin. LOL fuck capitalism... At least big business anyway. Salary caps are needed, no one should be able to earn more than the President and that should be made L.A.W. LAW!

[pulsar00815]

I've decided to reinstate the term terrorism calling it for what it is and I will replace Obamba Presidency with the term man made disaster

HahHaHAHAha!!!!!

[menthol5]

eventually the taxpayers will get tired of getting reamed. Remember Marie Antoinette's famous quote "Let them eat cake". How about this for the ruling class "Let them eat shit."

[hammy606]

*Bit of trivia*

It's actually an urban myth that Marie Antoinette said that, its more likely it was the previous French monarch Marie-Therese.

[Xaltotyn]

one of best analyses i have heard of mess in the economy now

[phoenixofthepyre]

Sigh, I wish the politicians would listen to TYT.

[Themantesdotcom]

They are crooks...

[Paetaor]

Will Geitner recognize it? HAHAHA he can't do his own taxes for gods sake.

He was at the head of the NY Fed overseeing the wonderful work that the major banks were doing for the past number of years.

Obama was told to put him there not asked.

Obama is too smart to not know Geitner is either stupid or on an agenda.

[audadvnc]

Hopefully the popular outrage will help focus the President's energies to get out of that bubble.

[pulsar00815]

this is more proof that the entire obamba administration is incompetent, clueless and has no idea how to govern a nation. I don't even think they have staff meetings. I think they just sit in the oval office watching episodes of sesame street

[Banghouse]

settle down Pulsar008,

Obama will show you how it's really done... so continue typing away on blogs like a little radical you are.

[pulsar00815]

what's he gonna show me how to do? eat fried chicken? he's an incompetent loser paying off his political supporters

[Banghouse]

lmao... why would he show you how to eat fried chicken? You eat plenty of it yourself to know how.

You see this is why Obama your President can't be touch. It's because it's idiots like you with absolutely no sense at all that are screaming and pounding the floor with no ideas... And there's a big shining light on you showing how immature you people really are.

You and your party have become irrelevant.

[pulsar00815]

then maybe he can show me how to grow watermelons. Obamba is getting hammered daily for his lies, his reckless spending and his incompetent cabinet appointments. 1 TERM BABY 1 TERM

HAHAHAHA!!!!!

[Banghouse]

LMAO... Nah he can't show you how to grow watermelons he's to busy being President, showing people how to be a "mature" pragmatic leader.

Meanwhile back at the ranch the Republican party is trying to figure out who the hell they really are and what the hell do they represent. It's official, the conservatives are now the fringe group of the Republican Party!!

Bet you everyone will start claiming Libertarian to distant themselves away from the conservatives.

[ShinigamiKage]

It's been 55 days you fat pathetic excuse for a waste of human life.

[pulsar00815]

55 days and he's already bankrupted the country. is he gonna start borrowing money from other planets soon? is he gonna sell the moon to the highest bidder? why don't you liberal scum go start your own little fucked up nation in some other corner of the world. LOSERS!!!

[ShinigamiKage]

You stupid waste of life

THE COUNTRY WAS BROKE WHEN HE CAME IN.

You really think he created a 10 TRILLION dollar national debt in fifty-five days?

WE WERE IN TWO WARS WHEN HE CAME IN

You really think he invaded two countries and occupied them for 6 and 8 years, IN FIFTY-FIVE DAYS?

THE ECONOMY WAS COLLAPSING WHEN HE CAME IN

You think Bush and Paulson did TARP and the auto-industry bailout and the AIG bailout, MONTHS before the election, because they knew Obama was going to be elected?

MORON

[wimscheers]

"why don't you liberal scum go start your own little fucked up nation in some other corner of the world. " Democracy just made this corner ours.

[musicmsnger]

dude...why the attitude? Bush was part of the same spending train. Different puppet, same powers at work.

[saadasim]

Pulsar, you must be from Israel since Israel is the country Bush loved the most that he even went to war for it. He's a pariah in every other country in the world.

[myha16]

If i were Obama i would drop Geithner with the quickness.

[saadasim]

MM: The rich and powerful have two parties. you and I have none!

[lewis493]

spot on Cenk!

[yweston1]

Fire Geitner!!

[pulsar00815]

the title of this clip has also changed since it was posted. the young turkeys obviously suck at reporting the news if they keep retitling their videos

[TheFunkyDomination]

then why do you watch?

[jstutz2003]

They aren't news reporters fucktard. How long is it going to take you to realize that? I Know you are just here to spew your Rush Lim-Bot propaganda and hate on the "LIBERALS!", but it might help to pay at least some attention to what you are bashing.

[Dedhedted71]

Oh Ok! These liberals sit & talk all day about current news stories & you say they aren't news reporters. Uhhh... Yes they are! Journalists is what they are not. Rush Fatball is an idiot & TYT is a liberal version of him. Always railing against the other side no matter what. How about a little truth from these hacks. Like both sides are beholden to the bankers! And that Barak Obama picked a bunch of tax cheats & Wall St. crooks to surround him. When are they going to tell us that storie?

[rockaja]

Excellent talking point.

[pongman]

When I heard Summers talk the other day all I could think of was Bullshit! Wall St. should fail and AIG should fail and let the world move on. Who the fuck needs Wall St?! Open up new U.S. Government banks and start giving out loans to people and businesses that deserve them. Fuck Wall St.!

[blueshadowdude]

All this elitist capitalist bullshit makes me sick. If this is the American dream, raping the pillaging their fellow man... it's time for it to die the death to deserves.

[sisforshayla]

totally agree cenk.

[dangflo]

/watch?v=7r0g4o0VghU&feature=c hannel

FEDERAL RESERVE FEDERAL RESERVE

FEDERAL RESERVE FEDERAL RESERVE FEDERAL RESERVE FEDERAL RESERVE FEDERAL RESERVE FEDERAL RESERVE

FEDERAL RESERVE FEDERAL RESERVE

FEDERAL RESERVE FEDERAL RESERVE

FEDERAL RESERVE FEDERAL RESERVE

FEDERAL RESERVE FEDERAL RESERVE FEDERAL RESERVE FEDERAL RESERVE

why does no one talk about the privately owned FEDERAL RESERVE? they call a lot of the shots and planned the economic collapse!

[TheFunkyDomination]

what's a federal reserve?

[Dedhedted71]

You don't know what the Federal Reserve is? Dude! Its nothing less than the cause of this whole global economic meltdown. The Federal Reserve is an unconstitutional group of private bankers who, since 1913, have manipulated interest rates & created a false sence of prosperity through these boom & bust cycles. They manipulate the free market & cause recessions & depressions. They also have grown so powerful that they will not let even the US Congress see what they are doing. END THE FED!!

[ShinigamiKage]

I agree for the most part, but Paul Volcker managed to use the FED to very effectively handle the economic downturn that hit under Carter

[Dedhedted71]

An economic downturn that would not have likely existed if the FED wasn't manipulating the market. Besides, its existance is unconstitutional. Thats enough for me to want it ended.

[saadasim]

The Fed were who raised the interest rates that cause the economic downturn. Carter was not acting to the wishes of the powerful and so he was punished.

Bush in his lavish spending and dual wars was doing what the money masters wanted and so he was rewarded with lower interest rates.

If Obama threatens to reign in spending and cut defense, you can bet that the Fed will jack up interest rates.

[thenewvoice8]

Spot on Cenk!

[swankrecords]

There is excellent talent with proven track records of banking success. Some of them would gladly work as a CEO for $500K/yr WITHOUT ANY BONUSES.

Where are they? Look at a few community banks that have been in business for over 100 years. Zero debt. They have a long term strategy for success through FISCAL RESPONSIBILITY.

[pulsar00815]

all you poor people just don't understand us privileged successful few. our lives are wonderful. leave us alone and quit bitching just cuz your lives suck

[DBVPSlayer]

I'm calling your bluff on this one.lol

[btownhotties]

Either Obama sides w/ Wall Street or the people, if he sides w/ Wall Street he's done for. He needs to take action or I'm not voting for him next time or voting for a third party.

[b0b0maj0]

Well good luck but because of your flawed voting system it is impossilbe to elect a third party candiate.

[Worrier316]

I voted for President Obama, but Geithner is really getting on my nerves. I wonder why the President appointed that fool in the first place.

[btownhotties]

Yes I know that b0b0 it is impossible and quite annoying lol because lately both parties are getting on my nerves. I completely agree w/ you Worrier Geithner should resign. It's disappointing because I voted for him too.

[krist300]

this is a tremendously valuable insight you are making cenk, if every network anchor in america were to repeat your 4 months over and over, maybe the government would get the clue about what needs to be done

[DeletedDelusion]

Yeah, he's doing a great and important job.

[ExplosiveMuddButt]

This is OBAMA's FAULT! (....that's all I got)

[DeletedDelusion]

Can you say OVER SIMPLIFICATION?

Simpleton.

Everybody involved in the regulation of financial institutions and big corporations

is at fault because they didn't change the system before it crashed.

Whats more, the shareholders should have never let the power taken from their hands.

[lock378]

When you get that high up in a company how hard you work doesn't matter anymore, it all becomes how much cash you can siphon out of the company while you are there at the top.

[librophile]

A.I.G. = Arrogance In Greed

[Pleblian]

It's not that they're afraid of losing them, these CEO's have too much information about the politicians who allowed them to get the bonuses.

[2525turkiye]

Insightful analysis.. Good job Cenk!

[edAVP1138]

Geithner seems to have a permanent deer in the headlights look about him.

[njb444]

These people run on the "you scratch my back, I'll scratch yours" system, and anyone with common sense knows that this is an absolute impediment to good capitalism and an efficient government.

[ecwaufisxtreme]

This is a BAD sign that Obambi WILL be a 1 term EPIC FAIL and will get PWNED by Sarah Palin in 2012. Only Palinomics, not government bailouts, WILL save this world economy from a complete collapse for it has the BLESSING and DIVINE POWER of GOD HERSELF!

[MrHolipsism]

Ladies and Gentlemen, THE REPUBLICAN BASE!

ROTFLMBAO!

[RacerEckss]

The only cure for Palin is a bullet in the head.

[ecwaufisxtreme]

You should get the bullet in the head!

[librophile]

A bullet traveling inside an empty vassel ... aka "airhead" ... can cause no harm.

[medicatedsaint]

Why does everyone have to resort to someone getting a bullet to the head. I'm not a big fan of Palin either but I would never wish that or to anyone else.

[RacerEckss]

Sometimes...It's the only way. If she died, it would be a good thing for this Country that she won't get a chance to get elected to anything by her neo conservative, moron followers.

[saadasim]

I am sure they would find another nutcase to replace her. And then there would be the martyr complex.

My solution would be a verbal ramming by Jon Stewart.

[ecwaufisxtreme]

Jon Stewart has said "FUCK YOU" to Palin at Northwestern. He WILL face the WRATH OF GOD HERSELF and have his PUSSY revealed for the whole world to see.

[duncan36]

This is my favorite video you've made. You explained a very complex problem as simply as possible. Excellent.

[MDUMANOVIC]

that's part of the problem. The remainder stems from the incentives that government creates for companies to be corrupt.

DON'T insure depositors, DON'T accept company lobbying, and DON'T bail out losers! Not a tough equation.

[barneyfoos]

"...the CEOs appoint the board..." FAIL. As you know Cenk, the shareholders vote in the board. And just for good measure, there is only one CEO.

[dion1tj]

Except each share counts as a vote. How many votes do you really have in the firms you invest in? How is that weighted against other shareholders?

[barneyfoos]

your point being? Cenk was saying the s/h don't control the companies. While many s/h don't vote, some do. If you don't vote, then you can't complain. What would you prefer, one person, one vote? Would it be fair if someone who owns 10% of a company had the same say as someone who owned a single share?

[jarmtx]

what a good, very small point; so is it the shareholder's fault as well if the corporation they invest in, loses billions? I see the light now- everyone who invested for their retirement is to blame for our economy continuing to go into the crapper, who is the professional? the CEO of a board or the mid-level manager of an office supply company hoping to save&grow their money so they can retire into a normal life, hmm you make a great point though *pukes*

[barneyfoos]

I'm not saying the s/h are to blame. I'm saying that perhaps we should use facts when we make arguments...

[Capng123]

Except that not all shares are created equal. Public shareholders generally get to say fuck all about the way a company is run, only the Class A shareholders get a vote. And guess who usually controls the Class As? That would be the board of directors. Make no mistake, it's a closed loop.

Also when Cenk said "CEOs" I'm pretty sure he was referring to multiple company's executives not multiple executives for a single company. No bonus points awarded!

[uberfreak9]

@barneyfoos. If you or anyone here knows, the votes for adding board members usually is a yes or no choice for someone the board has nominated. Cenk is right. The system is BROKEN. But, you take your chances when you invest in a stock. I've never invested in a financial institution (man, am I smart) so I wish they would allow bankruptcy for those banks and nationalize the whole mess. Yet, the circle of stupidity continues.

[ViciousGX]

Yea gonn have to take argument here. Technically you are correct.

But realistically, Ceo's ( a collective group of influencial Buisness owners) Choose/ Tell the shareholders this is who we want to work with us, these are our buddies hire them.

because very rarely in this business as usual crowd does someone thats NOT connected have a percentage that allows you to vote And then says, Hey, I'll make sure i appoint someone to keep you guys on your toes, someone that regulates you.

Very rare

[BashirH]

lol at bernie mac reference

[cheddyrod]

Cenk you gave a great explanation.

[bararistheman]

FIRST!!

[mckennydarryl]

Because They Can

[baddmanaz]

not 2nd