Robert Reich Keynote At Summit For A Fair Economy - Full Video

Former U.S. Labor Secretary Robert Reich talks about the big lies about the economy and what can be done to fix it. His keynote was part of the "Summit for a Fair Economy" held in Minneapolis on September 10, 2011.

• Category

  News & Politics

[judyleasugar97]

Deregulation is what got us into this mess, obviously. So why should we return there???

[MrCally1]

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The possibility of a fair economy is an illusion in the presence of a malignant monetary system.

The current monetary system is designed to evoke inequality.

Even rigourous governmental regulation with high redistributive taxes etc. can not avoid inequality. Fairness of a free market system is also an illusion.

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For an adequate sollution we have to think beyond those issues, aka more out of the box.

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=0=

[mdhf]

@covingtonium, lol.

[covingtonium]

Everything should be deregulated. Consumers regulate with their purchasing. Please, grow a brain.

[covingtonium]

I cant stand this idiots voice. HE NEEDS TO TAKE ECON 101.

[covingtonium]

The reason the housing market collapsed is because govt provided insurance to mortgage debt instruments, which synthetically shifted credit risk from those issuing the debt, to the taxpayers, leaving the issuers with a near riskless trade.

[covingtonium]

The title of this video should expose the lie of a "Fair Economy". Such an economy is not an economy at all. The only economy that will ever exist is a Free Market Economy. Even in the most socialist of any countries, market forces were at work, and eventually triumphed. The problem with forcing an economy to be fair.........is that you are using FORCE!!!!!!!!! GROW BRAINS PEOPLE!!!

[aWhiteElk]

Well said Sir! Good presentation of crucial content. How do we organize to counter the bullies, shills, & trolls who plague social networking sites? How best to counter a misinformation machine that uses sites like this to further their aim? The trolling at the The Whitehouse channel astounds me. There is so much of it, and most is strawmanned. I can only assume it is empowered by those with something to lose. We need fact checking resources to politely, and undisputedly counter them. Please!

[Peter Burr]

Rosenkrantz, Kessler, et al...Robert Reich left the Clinton Administration in 1996 after having done all he could to counter Robert Rubin and his neoliberal cronies. The Gramm-Leach-Bliley Act was not until 1999.

[victrola13]

the audio sucks on this. Too bad. The message is great.