Links from Today’s Show
American University economics professor Robin Hahnel was on to talk about the mortgage/Wall Street crisis. He recommended this article by Robert Weissman, one of the economists who has been most prophetic about the coming crisis that we’re now in the middle of, and one of the people with true alternative paths for us to collectively ignore as we hurl free money at scumbag CEOs and investors. And here’s a link to Robin’s books on Amazon.
Here’s the Sam Harris article on Palin and elitism that Pete got a chubby over.
Where is everyone? How come no remarks on this topic? I am angry about this crisis. Too many people have been hurt by this, but of course, the rich are still rich, just not as rich as before.
Rob in NV Reply:
September 24th, 2008 at 2:01 am
Honestly, what are we supposed to do? What is happening to our country is making me sick but the people of our great nation won’t do a thing until they’re standing in bread lines. Even then will they be smart enough to vote out the career politicians who have destroyed their lives? Doubtful i’m afraid.
John from Cleveland Reply:
September 24th, 2008 at 7:47 am
Why is it that we keep saying “they” and not “we”? We are not pressuring our politicians much at all. Why there hasn’t been a 3rd party organized by this point, I am utterly shocked.
I will admit one thing, here in Ohio, one would figure that this battleground state would be full of signs/bumper stickers/door-to-door volunteers pushing for their candidate. There are few, if any. I don’t see anyone happly advertising for their favorid candidate.
We’ve grown so disconnected from those who have any ability to affect change. We as shareholders don’t vote out corrupt board members. We as the constituency who doesn’t demand more from those who we elect.
OilWarsDotCom Reply:
September 24th, 2008 at 9:41 am
Yea……..even Pete doesn’t have the time to directly communicate with his listeners
OilWarsDotCom Reply:
September 24th, 2008 at 9:41 am
I think if we overweight Americans are forced into soup and bread lines and can’t afford to pay our electric bills to watch sports on TV…….we will act and it won’t be pretty.
Mama Mary, I think we have become numb. The middle class continues to take the brunt of this “trickle down” economic policy.
We are headed for a two class society in my learned opinion. We both know what the two classes will be.
I got a chubby, albeit a very tiny one, over that Sam Harris article myself! Thanks for the link! I’m going to forward it to all my relatives that send me forwards that tell me to forward their forward to 5 people so Jesus will answer my prayers in 10 minutes!
I thought Hahnel was right on the mark. I wanted to ask him 1. Why wasn’t this done in 1929? Was it a bad idea or was our $ backed by gold and silver then and not the full faith and WHAT, credit of the USA? If we don’t just print the transfer on a computer screen are we inflating our currency by $700 billion? If we are borrowing this $ (what batch of ass holes would loan it to us?) does anyone realize it will take TWICE that amount to pay it back? What is took keep these thieves from absconding with this batch of $? Lots of questions, no answers. Why not give each American the $2,300 to spend and “F” the wall street SOB’s?