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Peter Suderman Discusses Greek Collapse and MF Global Meltdown on Freedom Watch

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Uploaded by on Jan 31, 2012

Associate Editor of Reason Magazine Peter Suderman appeared on Freedom Watch with Judge Napolitano to discuss Greece's financial meltdown and its subsequent resistance to any austerity measures other EU members want to impose upon it. He also discussed the collapse of financial firm MF Global and whether or not more regulatory enforcement is necessary. Air date: 1/31/2012.

Run time approximately 6 minutes.

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  • Its hilarious to see the entitlement mentality represented on a national level. The entirety of Greece feels entitled to the wealth of richer countries! Its fascinating!

  • These people are above the law, and what is the democratic answer? More laws! That's like the war on drugs, it doesn't matter that it's illegal, because people can't help themselves and just ignore the laws.

    What we need is the government to STAY OUT of the market. And if they want to take the power away from these big banks then they shouldn't have bailed them out. ANd they shouldn't have given the fed the power to keep these zombies alive.

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  • @ZA56AA Sorry if i offended you, when I said it was hilarious I was being partially sarcastic. We have a lot of these types of people in our country as well and i get tired of being fatalistic and just start laughing at it, to ease my pain and keep my sanity. I live in California, which is basically America's Greece(but with more weed, that helps too).

  • Is this the only pro-freedom show on TV?

  • @Moragauth

    True.

    Where you people come from?

    Greece?

    Or is it so obvious t the rest of the World?

    Honest answer;

    Because in Greece everyone believes that "foreigners can not tell who we really are";

  • @TWSceptic

    So true but it seems to me that US Government will continue to print money out of thin air and it urges EU to do the smae.

    The product of this, it's countries and bubble economies like Greece for instance@!

  • @HamsterFueledRocket

    It's not hilarious-it is tyranny.

    I am Greek and i feel that accross the country-even in your own family members sometimes!

    What you said it's true-regretfully.

    Honestly, i never thought that Greeks would really believe so strongly-at a National level-that they deserve to be paid and pensioned at the same level as Germany's for instance.

    Somehow the whole Greece has gone mad!

    On the other hand try to realize that EU has it's own responsibilities for this attitude;

  • The collapse of MF Global is a prime example that "Embezzlement Pays!"

  • @Moragauth i can agree with that

  • @surrealnumber They're not so much dumb as intellectually lazy/sold out.

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