15 March 2012

Bill Moyers Journals: 'Crony Capitalism' Part Two with Gretchen Morgenson

Here are a few of the reasons why there is no genuine financial reform, and as a consequence, no robust, sustainable recovery.

This is part of the same show in which Bill interviewed David Stockman.

I was looking at some figures today, and the Obama recovery is very weak compared to the performance of the Roosevelt Administration for example.

But this makes sense. Obama is more Hoover than Roosevelt, a moderate Republican, moreso than a progressive Democrat.

If Obama is a radical in the manner of Saul Alinsky, then Tim Geithner is a mathematician in the manner of Albert Einstein.