With all the nonsense being spouted by politicians and TV news shills about the bailout, I thought this was a rare example of a clear and reasonable examination of the current financial crisis.
Presented by the Institute for Policy Studies Sept. 30, 2008. Featuring:
Barbara Ehrenreich, author of "Bait and Switch: The (Futile) Pursuit of the American Dream" and "Nickel and Dimed: On (Not) Getting By in America";
Dean Baker, author of "The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer"; and
Jared Bernstein, author of "Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries)" and "All Together Now: Common Sense for a Fair Economy".
A discussion of economic inequality, market instability and the 2008 presidential race. With the meltdown on Wall Street, will the growing polarization of wealth and income become part of the election debate? The last time nequality was this extreme was 1928, on the eve of the Great Depression. What are ways that inequality contributes to economic instability? What practical political program to reverse these inequalities can expect from the Presidential candidates? 51 min.
