“It’s like Las Vegas merged with insurance and real estate people”: Kevin Phillips on the Wall Street meltdown

By Steve Perry
Wednesday, September 24, 2008 at 1:20 pm

Kevin Phillips, the former Nixon hand turned Wall Street/GOP critic, appeared on Bill Moyers Journal last Friday. It’s the best thing I’ve seen on television about the financial debacle unfolding this week–just as Phillips’ most recent book, Bad Money, is the best introduction to the perils of America’s financialized economy. (More: Phillips wrote about the Wall Street bubble at the American Prospect back in May.)

Highly recommended, and parsed into three clips below. Watch it all.

Bill Moyers: Kevin Phillips on the Wall Street debacle, part I (9:57)

Bill Moyers: Kevin Phillips on the Wall Street debacle, part II (10:02)

Bill Moyers: Kevin Phillips on the Wall Street debacle, part III (7:12)

Comments

1 Comment

Kammie
Comment posted September 27, 2008 @ 10:06 am

Kevin is saying exactly what Nader has been saying for many years. The Dems and Repubs are and have been in the financial industry’s pocket, and they will have a “Wall Street” solution. But Nader is asking Americans to fix the problem, use the Constitution and run their country – to not just sigh and pull the lever for the least worst.

Nader’s VP candidate Matt Gonzalez was the city supervisor for San Francisco. He’s gotten more votes than either Biden or Palin, and has run a budget twice the size of Alaska’s. Why is Palin qualified, but he isn’t to be in the debates?

Please check out Nader/Gonzalez. votenader.org

Recent press releases: http://www.votenader.org/news/

Issue/positions: http://www.votenader.org/issues/

Kammie

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