Bill Moyers, Matt Taibbi and Robert Kuttner discuss the financial collapse one year on, at Information Clearing House:
One year after the great collapse of our financial system, Wall Street is back on top while our politicians dither. As for health care reform, you’re about to be forced to buy insurance from companies whose stock is soaring, and that’s just dandy with the White House.
Truth is, our capitol’s being looted, republicans are acting like the town rowdies, the sheriff is firing blanks, and powerful Democrats in Congress are in cahoots with the gang that’s pulling the heist. This is not capitalism at work. It’s capital. Raw money, mounds of it, buying politicians and policy as if they were futures on the hog market.
Here to talk about all this are two journalists who don’t pull their punches. Robert Kuttner is an economist who helped create and now co-edits the progressive magazine THE AMERICAN PROSPECT, and the author of the book OBAMA’S CHALLENGE, among others.
Also with me is Matt Taibbi, who covers politics for ROLLING STONE magazine where he is a contributing editor. He’s made a name for himself writing in a no-holds-barred, often profane, but always informative and stimulating style that gets under the skin of the powerful. His most recent article is “Obama’s Big Sellout,” about the President’s team of economic advisers and their Wall Street connections. It’s been burning up the blogosphere. Welcome to both of you…
[continues at Information Clearing House]