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	<title>Minnesota Independent: News. Politics. Media. &#187; Kevin Phillips</title>
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		<title>&#8220;It&#8217;s like Las Vegas merged with insurance and real estate people&#8221;: Kevin Phillips on the Wall Street meltdown</title>
		<link>http://minnesotaindependent.com/10222/its-like-las-vegas-merged-with-insurance-and-real-estate-people-kevin-phillips-on-the-wall-street-meltdown</link>
		<comments>http://minnesotaindependent.com/10222/its-like-las-vegas-merged-with-insurance-and-real-estate-people-kevin-phillips-on-the-wall-street-meltdown#comments</comments>
		<pubDate>Wed, 24 Sep 2008 18:20:17 +0000</pubDate>
		<dc:creator>Steve Perry</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Slot 3]]></category>
		<category><![CDATA[Video]]></category>
		<category><![CDATA[Bill Moyers]]></category>
		<category><![CDATA[Financial bailouts]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[Kevin Phillips]]></category>
		<category><![CDATA[Wall Street]]></category>

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		<description><![CDATA[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. ]]></description>
			<content:encoded><![CDATA[<p><a href="http://minnesotaindependent.com/wp-content/uploads/2008/09/kevinphillips.jpg"><img class="alignleft size-medium wp-image-10232" title="kevinphillips" src="http://minnesotaindependent.com/wp-content/uploads/2008/09/kevinphillips-300x225.jpg" alt="" width="300" height="225" /></a>Kevin Phillips, the former Nixon hand turned Wall Street/GOP critic, appeared on Bill Moyers Journal last Friday. It&#8217;s the best thing I&#8217;ve seen on television about the financial debacle unfolding this week&#8211;just as Phillips&#8217; most recent book, <a href="http://www.amazon.com/Bad-Money-Reckless-Politics-Capitalism/dp/0670019070/ref=pd_bbs_sr_1?ie=UTF8&amp;s=books&amp;qid=1222279536&amp;sr=1-1" target="_blank">Bad Money</a>, is the best introduction to the perils of America&#8217;s financialized economy. (More: Phillips <a href="http://www.prospect.org/cs/articles?article=bubble_and_bail" target="_blank">wrote</a> about the Wall Street bubble at the American Prospect back in May.)</p>
<p>Highly recommended, and parsed into three clips below. Watch it all. <span id="more-10222"></span></p>
<p><strong>Bill Moyers: Kevin Phillips on the Wall Street debacle, part I (9:57)</strong></p>
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<p><strong>Bill Moyers: Kevin Phillips on the Wall Street debacle, part II (10:02)</strong></p>
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<p><strong>Bill Moyers: Kevin Phillips on the Wall Street debacle, part III (7:12)</strong></p>
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