Stiglitz: Obama Has Confused Saving the Banks with Saving the Bankers. Democracy Now 2/25/09 1 of 3

We get reaction to President Obamas speech from Nobel Prize winner and former World Bank chief economist Joseph Stiglitz. Stiglitz says the Obama administration has failed to address the structural and regulatory flaws at the heart of the financial crisis and in the way of economic recovery. [includes rush transcriptpartial]
http://www.democracynow.org/2009/2/25/stieglitz

Category:

News & Politics

[vsnips]

Out of touch liar !!!!!

[arzoyan]

LIES TO perpetuate the wage slavery of the worhing class in a MARKET SYSTEM OF ARTIFICIAL SCARCITY.

[lovinghim74]

actually it's a representative democratic republic

[lovinghim74]

you missed his point entirely he compared what we get out of saving s.s. vs. saving the banks. so far we have nothing to show for saving the banks. on the contrary the same amount invested in s.s. will GUARANTEE results for millions of americans. thus economically measured an investment in s.s. has a result that can be measured unlike the investments in bank bail-outs which as of today have yielded nothing certain

[Theateam911]

too bad these people dont realize that america is a republic not a democracy

[southsydney]

4:29. ITS JOHN WAYNE!! ThE DUKE LIVESS!!

[jiminiflix]

Responsibilities...!!? LOL....usa have squandered and secretly stolen quadrillions from the people... it doesn't even have adequate health care? This speech is a repeat of many speeches spoken over a hundred years of BS!! The people have always been the tax source for the rich to prosper and if they truly believed in all pulling together, make a plan to equalise taxation, to stop wastin money on military and secret programs. Printing more money is only increasing the end result!...COLLAPSE!!

[roremster]

good speech:-)

[bigjaytexas]

Lets reform the banks mr.obama not ss.

[auamoti]

new lending in fake money? oh well, lets just create our own currencies and ask 'what depression?'.. sounds solid to me..