Naomi Klein: Fake "Debt Crisis/Bankruptcy": We are NOT Bankrupt! Tax the Rich!

Among the thousands at last night's Occupy Wall Street protest in New York City was award-winning journalist and author Naomi Klein. She is the author of the bestselling book, "The Shock Doctrine: The Rise of Disaster Capitalism." She also wrote "No Logo," a book that has become a cultural manifesto for critics of unfettered capitalism worldwide. Klein was interviewed on Democracy Now! to discuss the Occupy Wall Street movement and why it is being belittled in the corporate media. "My biggest fear was that the Obama presidency was was going to lead this generation of young people into political cynicism and political apathy," Klein says. "But instead, they are going to where the power is. They are realizing the change is not coming in Washington because politicians are so controlled by corporate interest, and that that is the fundamental crisis in this country."

http://DemocracyNow.org

For the complete transcript, podcast, and for additional Democracy Now! reports about the Occupied Wall Street protests, visit http://www.democracynow.org/tags/occupy_wall_street

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[marthamalat]

@9971explorer

So you are a republic but without democracy? Is this what you are saying?

I though the foundations of USA is democracy - at least this is what was advocated - but again the rules change in a crisis.....

Not a democracy anymore.

[9971explorer]

Typical leftist control freak. She thinks taxing the rich will cure everything. Go ahead and raise taxes without cutting back spending and it will get you no where. And by the way the we are a Republic not a democracy.

[Salvysahagun]

@VampiressOnDaProwlq

Franklin Roosevelt, Henry Morganthau, and Francis Perkins all denied Keysnian Economics because it was "reckless"

[Salvysahagun]

Taxing the rich won't get you anywhere if you went back to 1950s tax rates you'd still have a 9 years to pay off the deficit. assuming inflation, panics, among other things will occur.

Tobin Tax 1% on ALL wall street turn over. and Public Credit.

[prrolg]

@VampiressOnDaProwlq Marie Antoinette was an Austrian princess with whom France fell in love. Eventually some people in France decided that she had to be humiliated and necessarliy executed. I wonder how hate for her could transcend geography, language and history. But I know that the answer is politics and mere time which are two most powerful realities of the world.

[prrolg]

No one is more conservative, traditional, right wing (but not crazy extreme) than I am but to Erin Burnett, I wish you'd have interviewed me on the street because I would have told you that I don't care that the taxpayer made money on the bank bailouts. Because I personally lost $40,000 in the 2008 banking crisis in the market. But MY PERSONAL FEDERAL TAXES DID NOT GO DOWN AT ALL. I'm with Klein at least on this one point on Burnetts sarcasm.

[mrframeofmind1]

Oh aren't you smart, Erin, with the banks making money on the bailout. Maybe you can explain why the Fed gave away 15 Trillion or so out the back door, and who is on the hook for it you "Corporate Whore"

[jckchrstphr]

The fact that she actually says "artificial scarcity" blew me away.

[jckchrstphr]

LinkTV has the best TV coverage of Occupy.

[GypsyMofakka]

@Judy101101 & how did I know you couldn't answer the simplest of questions. A troll is one who SPAMS a thread to lure readers to it's own channel/page; Hence trolling like a fisherman. Oh and you are very welcome. Toodles, sweet cheeks.