MEET THE PRESS 3/15/2009 JON STEWART JIM CRAMER FEUD ARE BUSINESS NEWS CHANNELS TO BLAME ?

[robb1031]

Brooksley Born warned us in the 90s and NOT ONE OF THESE FUCKING SO CALLED JOURNALIST REPORTED ON IT

Google - PBS Frontline The Warning

[4u2b1ib12]

Will reporters become investigative journalist?

Investigate and you lose access. I think it better

to win a war in one report, than fight many battles.

That is one reason,"journalist," hesitate to fully

investigate stories. There are more, I am sure.

[qweqqweqbt]

i dont' these idiots know anything about the economy except for the bald guy. the other 4 just talk a bunch of unrelated jibberish and rhetoric and pretend that they have a clue waht they're saying

[tigerone1970]

PS, sorry for the spelling errors, I'll try and do better next time.

[tigerone1970]

The key is this: the corporate bottom line and the health of the economy are not the same. What is 'good' for the rich, is not good for the economy, which is the maintay of neoliberal (von Hayek, Rand, Friedman) thinking.

If you undermine middle/working class incomes long enough, demand disappears, and that is what we are seeing now. Supply side economics leads to oversupply while relentlessly undermining demand.

Re-unionise, and bring manufacturing back to the US.

[tigerone1970]

So after undermining incomes (I forgot cutting social programs) and tax breaks to the rich, the rich misallocated their newfound incomes into real estate and the stockmarket, just like in the 1920s. Again, this led to the Crash if '87. By '92, incomes and the economy did not rebound, so the Fed decided to keep interest rates low, and that led to the 'recovery' of the 1990s, but also the credit bubble that is now in the porcess of bursting.

[tigerone1970]

The problem is Reaganomics, and all versions of Supply Side Economics (Thatcherism, Neoliberalism, Laissez Faire, Voodoo economics). 'Tax cuts for the rich' is not 'a political answer', DAVID, you little corporate shill. If you undermine US incomes for 30 years, through deunionisation, corporate raiding and then offhsore jobs to low wage countries, while giving tax cuts to the rich, you are imbalacing the economy. You are distorting supply (corporte capital) and demand (incomes).

[kazooboo]

Petyer Schiff was on CNBC SHOUTING in a room full of laughers (Laffers?)

[MyJouTubeAccount]

he says "done great work on the subject"

and then says "could we have screamed louder? - yeah"

HOW THE FUCK IS THAT DOING "GREAT" WORK?

[CossackConqueror]

I listened to Jim Cramer all the time in my mansion on my large screen Plasma TV after I drove home in my Bentley to relax. Now I watch John Stewart on a small black and white TV that is is connected to my tent, with an electric wire I connect with jumper cables to an over-hanging phone pole, in my tent in a homeless city in California.

[coolioto]

capital chasing investments. Interesting

[traynickel]

Gerald Celente, Bob Chapman, Webster Tarpley, Alex Jones, Lindsey Williams, Peter Joseph and even Louis Farrakhan saw this coming, Word of the day kids is "Derivatives, Derivatives, Derivatives".

[carthfhuil]

I had no idea Louis Farrakhan was an Austrian. That's awesome.

[tigerone1970]

" "Derivatives, Derivatives, Derivatives". "

Here is an alternative spelling: Deregulation, Deregulation, Deregulation.

It is one of the 3 horsemen of the neoliberal apocalypse: deregulation, privatisation, and 'free markets' (free for corporations only, not for labor of course).

[carthfhuil]

Who saw this coming?

Peter Schiff, Ron Paul, Lew Rockwell, Mark Thornton, Michael Panzer, Mike Stathis... et al. Most of them are economists of the Austrian School.

Did I mention RON PAUL saw this coming? Indeed, establishment tools like David Gregory missed this completely because they thought Ron Paul was a "fringe" candidate and didn't matter.

I like Tavis Smiley, but he doesn't have a clue, either.

[BenjaminFranklin2u]

Well said...just to add.

Every anchor that interviewed Peter schiff or Ron Paul basically dismissed their claims as worst case scenario, and unlikely to happen... then they sit here and say "well we warned 'em"...no you didnt. You had someone warn us, but YOU didn't. A tornado warning is taken more seriously than Peter Schiff or any of those economists were.