Paulson and Bernanke's Bailout "Blunders" - Robert Reich

Complete video at: http://fora.tv/2008/09/24/Reich_on_the_Blunders_of_Ben_Bernanke_and_Henry_Pau...

Robert Reich, former U.S. Secretary of Labor and U.C. - Berkeley Professor of Public Policy, attacks Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke for "colossal political blunders" when making the case for the Federal "bailout" of Wall Street.

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Robert Reich is one of America's most respected economic and political thinkers, as well as a distinguished public servant in three national administrations.

As the nation's 22nd Secretary of Labor, he implemented the Family and Medical Leave Act, led a national fight against sweatshops in the and illegal child labor around the world, and headed a successful effort to raise the minimum wage.

Concerned with the transformation of business and democracy, Robert Reich joins the Council for a discussion on the future course of global capitalism and its impact on democratic decision making - World Affairs Council of Northern California

Robert Reich is professor of public policy at the Goldman School of Public Policy at UC Berkeley. He served in three national administrations; his articles appear frequently in The New York Times and The Washington Post, and he is a commentator for American Public Media's Marketplace, heard on NPR.

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[fizzywool]

You mean the NWO has to demand it from congress? Yup thats how it works, the NWO calls the shots and we slaves ask not what our country can do for us but what can we do for our country to make the NWO more powerfull and wealthy? Did I get that one right. Can we ask the NWO for some heat, and light, and a roof to keep the rain off us. Can the NWO help me get to work on time . Can the NWO make sure there is a job to go to . Can the NWO provide me with anything? Our am I suppose to provide for it?

[biozamadotcom]

@wolfgangfaust

Reich killed glass steagall?

he is an enemy of the USA.

[wolfgangfaust]

reich, larry summers, and phil gramm killed glass steagall during clintons' presidency, creating credit default swaps and derivatives. summers is obamaos' chief economist-his previous "experience"

-bankrupted Lithuania

-bankrupted Harvard

now they're bankrupting us.

[juhahn]

@BLUEANGEL7777777777 lol; no plumbing, school, military, lights, police, electric infrastructure, no internet* (D.A.R.P.A.Net) no prob. you gotta business!

[rumco]

Reich is a muppet.

[samatention]

This problem are land mines that was laid in zipper bills terms. Your brock obomba and the rest cbc. helped with lawsuits against citbank for not giving out enough sub prime loans to people that could not ever pay them back. Then you have a barmy fucks told bobble head goofiest bush, and his idiots to go pound sand when they asked congress that they need to tighten up rules on fan may fredy mac we would end up with this hell hole problem we have.

[samatention]

My biggest question is what the hell is next. Is Emigration problem. When the gang members get out of the military and rejoin there old gang and tech illegal Mexicans how to fight like usa military.

[BLUEANGEL7777777777]

Overseas employment should be illegal as it use to be.

Taxes should be adjusted or eliminated to give incentive to sTART BUSINESS.

[BLUEANGEL7777777777]

This little midget is a Racist!!! He is the reason the economy is what it is today. Fuck him.

[adayinthelife06]

Ellsworth Toohey!