Bill Moyers & Company S1E19: How Big Banks Victimize Our Democracy [New]
Episode description:
How Big Banks Victimize Our Democracy
June 22, 2012JPMorgan Chase CEO Jamie Dimon’s appearances in the last two weeks before Congressional committees — many members of which received campaign contributions from the megabank — beg the question: For how long and how many ways are average Americans going to pay the price for big bank hubris, with our own government acting as accomplice?
On this week’s Moyers & Company, Rolling Stone editor Matt Taibbi and Yves Smith, creator of the finance and economics blog Naked Capitalism, join Bill to discuss the folly and corruption of both banks and government, and how that tag-team leaves deep wounds in our democracy. Taibbi’s latest piece is “The Scam Wall Street Learned from the Mafia.” Smith is the author of ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism.
Meanwhile, for anyone who wants to understand why, in one of the richest nations in the world, so many poor people are teetering on the edge, author and advocate Peter Edelman talks about continuing efforts to fight poverty, and what it will take to keep the needs of poor people on the American political agenda. A former aide to Robert F. Kennedy and faculty director of Georgetown University’s Center on Poverty, Inequality, and Public Policy, Edelman’s new book is So Rich, So Poor: Why It’s So Hard to End Poverty in America.
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3 Responses to 'Bill Moyers & Company S1E19: How Big Banks Victimize Our Democracy'
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Friday, 22 Jun, 2012 at 7:49 pm
OT – Thanks for the The Battle of Chile recommendation Emocrat. I left a reply it the Missing thread.
Emocrat [New]
Saturday, 23 Jun, 2012 at 4:16 pm
I would love to know how many people saw the Taibbi/Smith segment. It’s one of the best on this topic I’ve ever seen… on the telly.
They’re both so damn good, they’re perfect together. Notice that Moyers had to do very little to get a great segment. He seemed rather pleased with the whole thing. He should be, as well…
Sunday, 24 Jun, 2012 at 10:58 am
I just watched it. The emphasis on the criminal aspect of the actions of the Big Banks was delightful. Taibbi and Smith deserve regular spots on Moyers’ show.