BILL MOYERS JOURNAL | Preview: Simon Johnson & Rep. Marcy Kaptur | PBS

Preview 2: Rep. Marcy Kaptur talks about trying to work with banks to prevent foreclosures in her hometown of Toledo, Ohio. Bill Moyers Journal airs Friday nights at 9 pm on PBS. Check your local listings. http://www.pbs.org/moyers

Category:

People & Blogs

Tags:

• economy
• bailout
• simon johnson
• marcy kaptur
• foreclosures

[NottakingGOPBS]

Throw these criminals in jail (JP Morgan's Dimon). They are a blight on the people of these United States.

[perztsdr]

..thank you for having the courage to speak out,

Marcy. Thanks for representing, caring and

assisting the folks from Northwest Ohio and

the families that are suffering the most.

Being bold with honesty and directness has

empowered you and a shining star in congress and our government.

[MadBadVoodo]

@perztsdr After 30 years in the house you would think that they would show more respect for Marcy! But then maybe NW Ohio needs a change...

[farmboycarl]

Simply put, a $100,000 credit default swap purchased against the equity in your home will yeild a $4 Million dollar pay-off to the holder of the swap if you default on your mortgage. Gee, do you think the nice men on Wall Street who invented these things have an incentive to destroy the housing market?

[edmack4me]

They have poor thinking that keeps them poor and they behave akin to sheep and the majority know their place when they say, 'but, i am only a worker' or a 'retiree' - so what, who cares. Then the other poor eat cake become fat and this fat replaces their brain cells, so all they can do is watch sport, or soapies and think that Europe is a country in the Pacific.

[joegolfer]

Wage growth, benefits, length of the work week, proportion of GDP owned by the working and middle classes--all kept moving in worker-friendly directions as long as unionization was on the increase. Then came 1980, and the election of Ronald Reagan, who broke the air traffic controller's union (PATCO), and set the trend for a downward spiral ever after.The joke is not just on the blue-collar work force; the fortunes of the white-collar crowd have pretty much followed the same trajectory.

[kbspots]

Great Great video and comments about Chase and Jamie Dimon. Keep up the good Work Marcy.

[mayalibre]

@maskedphrogg - I agree, I think they might want to fail. I just got a promotional piece of junkmail from Chase offering me $150 to open a checking account in their bank. I only have to keep $100 min balance and pay a monthly fee for at least 6 mos. So, if the monthly fee is $10, at the end of six months I've paid $60, but can withdraw my original $100 and $150 more. So they've PAID ME $90 to have the account at all! Doesn't seem like good financial sense. Something doesn't smell right.

[Hallonsylt]

Obama is just another shill. I mean you can't see that already? Liar was talking peace during the election, and now its more troops, more troops, more troops. He talks about reforming the banking system by giving unlimited power to the very same scum behind everything. Good luck with that guy, wolf in sheep's clothing, AntiChrist whose "Yes We Can" chant is a perfect "Thank you Satan" played backwards. Gets a Nobel Peace prize for what? Increasing war in Afghanistan? Something's real fishy here.

[LeseMajeste]

You little people are always griping about something. "I lost my job or I lost my house or I don;t have enough food to feed my family"

Stop whining! Do you know how much money it takes to take care of 3 or 4 homes or buy Rolls -Royces or private jets?

And I won't even tell you about the high cost of French champagne!

[wborgstro]

Easy fix with two tools;

Pitchforks and sharpened hoe handles.

Quit your fricking whining and prepare for war, you welfare loving 'mericans. Been coming a long time