Nassim Nicholas Taleb Complains About Bailout Hazard

[pretorious700]

Jon Gruden?

[PimpernellP]

you can't run a system based on any commercial enterprise capitalizing their profits and socializing their losses.

[afendiamir]

Nassim is amazing!

[utuber2]

Yay! John Bruton!

[napoleonessa]

is it possible to listen to the whole discussion?

[gro120]

most explicit is the function of the host, who curtails and interprets the information coming from the guest. Fareed Zakaria was handpicked by Henry Kissinger as media filter....member of CFR, etc... present Nassim Taleb as clown...

[RubenCLeon]

Politics is about power to choose who lives or dies literally and economically. If the US govt has no constitutional authority to invest in commercial ventures and all the money must be borrowed then why not borrow enough to give every taxpayer a 100% refund check for all 2008 taxes paid + enough to run the govt through 2009 so that no one would have to pay any taxes for 2009? This would be constitutional and the taxpayers would jump-start the economy from the ground up...immediately. Too easy??

[mratteon]

Sir, your comments on the bailouts without punishment now being provided by government to the heads of failed corporations is so true. It is nothing short of criminal to pay CEOs millions of dollars in bonuses while their companies fail. They should be prosecuted!

[zergmachina]

wish we could see the whole video. GPS site nees to put up the discussion portions of the program for internet viewers.

[rphaigh]

Thanks for posting, but you left out the best part. In the same program he explains that like incompetent pilots in a bad storm the Fed and the bankers, incompetent at assessing risk, crashed the worlds financial system. These same incompetent pilots are now piloting us through the bailout.