Bailout Barney To Ralph Nader: "We Are Trying On All Fronts To Increase The Role Of Government In The Regulatory Area"
MSNBC Video: Ralph Nader And Barney Frank Get Snippy About Derivatives Legislation
- "Ralph gets to luxuriate in the purity of his irrelevance."
- "We are trying on every front to increase the role of government in the regulatory area."
Pretty comical stuff. Drudge and others took the Frank comment about government slightly out of context, making it seem worse as a headline than it turned out to be. Runs 78 seconds.
Watch (don't click unless you're coming from our email newsletter)
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MSNBC Video: Ralph Nader And Barney Frank Get Snippy About Derivatives Legislation
Reader Comments (7)
Today, President Barack Obama held a news conference at which he signed new defense spending and hate crimes legislation into law.
Will the DingellBarry Bill become law? Let’s hope that Congress will flush it down the toilet.
"""Revolt now or Civil unrest will consume us all in the very near Future............"""
Just how do you suggest "we" go about it?
This is how:
Close your accounts in Big Banks and open @credit unions or community banks
Shred all credit cards and buy Cash only
Stop buying imported electronic shit
Boycott companies which outsource jobs
By USA manufactured only
Dump All Mutual funds and by foreign treasury bonds or US short term treasury.
That is great start to take on Banker and Corporate terrorists folks
It is non violent weapon....
One conclusive hallmark of a failed state is that the crooks are inside the government, using government to protect and to advance their private interests.
Another conclusive hallmark is rising income inequality as the insiders manipulate economic policy for their enrichment at the expense of everyone else.
Income inequality in the US is now the most extreme of all countries. The 2008 OECD report, “Income Distribution and Poverty in OECD Countries,” concludes that the US is the country with the highest inequality and poverty rate across the OECD and that since 2000 nowhere has there been such a stark rise in income inequality as in the US.
The OECD finds that in the US the distribution of wealth is even more unequal than the distribution of income.
On October 21, 2009, Business Week reported that a new report from the United Nations Development Program concluded that the US ranked third among states with the worst income inequality. As number one and number two, Hong Kong and Singapore, are both essentially city states, not countries, the US actually has the shame of being the country with the most inequality in the distribution of income.