Papantonio: Hank Paulson's Banking Problem

[GoLeft TV]

Run time: 10:05 https://www.youtube.com/watch?v=0P2Dfhs9T1A   Posted on YouTube: May 11, 2010 By YouTube Member: golefttv Views on YouTube: 91   Posted on DU: May 12, 2010 By DU Member: GoLeft TV Views on DU: 677

 
When the big banks in America began collapsing under the weight of their own greed in 2008, then-Treasury Secretary Henry Paulson assured us that he would make sure this never happened again. But behind closed doors, he was working with the CEOs of these banks to come up with rules that would prevent the government from stepping too far into the business operations of these banks, making it less likely that meaningful reform would take place. And this was his plan all along. Mike Papantonio talks about why Hank Paulson is so beholden to these big banks with David DeGraw, founder of the Amped Status blog.

[Skink]

1. Iused to wonder what the nixon administration was like...

until I realized they never went away.

[jxnmsdemguy65]

6. Paulson should be investigated, indicted, convicted and jailed. nt

[dotymed]

2. Eye Opening.

I thought our economy tanked because the gubmint made the bank loan po people money they couldn't pay back! :sarcasm:


Seriously though,this speaks volumes about this administrations priorities. If they started with Paulson as an example to the other banksters, this continued thievery might slow down, while the other players, like Geithner are thoroughly investigated.

[bulloney]

3. What does this say about the federal government and big businesses?

They continuously hire people with corrupt backgrounds like Paulson and keep revolving him in high places within their systems and pay him millions.

If people like us had as little as a speeding ticket on our records, we'd have a hard time getting a part-time job at the local 7-11.

[sattahipdeep]

4. With good explanation, any monster can become believable

Paulson Little Creep

[pundaint]

5. What started the revolution grandpa?,,,,

If the American people ever pay attention for a few weeks, watch out.

[Enthusiast]

7. Now now, remember to look forward.

We wouldn't want to rock the boat.