Bill Moyers: Was the Financial Bailout Just a Slick, Friendly Takeover of the Federal Government?


	Bill Moyers: Was the Financial Bailout Just a Slick, Friendly Takeover of the Federal Government?

brightlight4

10-12-2009 5:17 AM

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brightlight4 says:

MUCH more at source!!

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10-13-2009 12:19 AM

darkeforce

This, folks, is what is known as fascism.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/1dcfba76-7899-410a-9514-86f5a2271709/A2811A42-6ABC-4B96-B83A-CA923225CC07/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.alternet.org/workplace/143209/bill_moyers%3A_was_the_financial_bailout_just_a_slick%2C_friendly_takeover_of_the_federal_government/" href="http://www.alternet.org/workplace/143209/bill_moyers%3A_was_the_financial_bailout_just_a_slick%2C_friendly_takeover_of_the_federal_government/" style="font-size: 11px;">www.alternet.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.alternet.org/workplace/143209/bill_moyers%3A_was_the_financial_bailout_just_a_slick%2C_friendly_takeover_of_the_federal_government/"><DIV>It's been a year since the great collapse and both my guests are well equipped to assess what's happened since then. Welcome to you both.</DIV><BR /><DIV><B>Kaptur:</B> Thank you.</DIV><BR /><DIV><B>Moyers:</B> Let's look at this story that I just read from the Associated Press this week about how Treasury Secretary Geithner is on the phone several times a day with a select group of very powerful Wall Street bankers, especially Citigroup, J.P. Morgan, Goldman Sachs. He will talk to them when Members of Congress have to leave a message on the answering machine. And these are the bankers who helped bring on this calamity and who are now benefiting from it. What does that say to you?</DIV><BR /><DIV><B>Kaptur:</B> That says to me that Wall Street and Washington is a circuit. And because Mr. Geithner headed the New York Fed that that historic relationship, unfortunately, continues. And it gives them special access and special power to influence policy.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A2811A42-6ABC-4B96-B83A-CA923225CC07/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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