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Kevin Phillips on Bad Money (US money system)-2/2

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Uploaded by on May 7, 2008

Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism"
Renowned political analyst Kevin Phillips argues successive administrations have imperiled the US economy by a combination of shortsighted policies and a trend against regulation. These include unparalleled credit card debts, the expansion of financial industries such as hedge funds, ballooning national debts, and deliberately altering statistics like inflation and unemployment to mask the accurate picture. [includes rush transcript]

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News & Politics

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All Comments (7)

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  • Money is the nine sins all packed into a peice of paper. We must use our commen sence or we will all die because of money.

  • vice grip did predicted these economical crisis 8 years ago that why vice grip sing this top song about the economical crisis

  • vice grip did predicted all of these economical crisis 8 years ago

  • The Government has just announced they will start printing a $1000 dollar bill. ( Easier to withdraw your money without a wheelbarrel)

  • The shit is going to hit the fan!

  • Kevin Phillips, why didn't you mention Ron Paul?

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