The Bill Moyers Journal

Bill Moyers is the most talented and respected journalist in America. His TV show on PBS called The Bill Moyers Journal is almost always interesting and informative. The show last night (9 October 2009) was momentous.

He interviewed two very amazing people. The former International Monetary Fund chief economist Simon Johnson, pHd, who is now a professor at MIT; and U.S. Rep. Marcy Kaptur (D-OH) who is a Democratic Member of Congress from Ohio's Ninth Congressional District and is currently the longest-serving woman in the House of Representative were his guests.

The discussion revolved around the state of the “reforms” which have been made to the U.S. Economy since the Obama administration came into office. The answers were chilling.

It seems that virtually nothing has been done to prevent another “great recession” from taking place. There has been some talk, but no genuine reforms. Since there are now fewer big banks remaining on Wall Street, they are vastly bigger than before. Hence they are now even more likely to be defined as too big to fail.

This is a link to the full transcript of the show: http://www.pbs.org/moyers/journal/10092009/transcript4.html
-
-
-
-
-
-
-
-
-
-
-