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Wednesday, May 18, 2016

The Financial Meltdown Of 2007-2008: The Great Recession And The Future Of Capitalism


Dear M. A. D.

Here is a link to "Inside Job," the Oscar-winning documentary I mentioned.

I am also keen on "Inside The Meltdown" and "The Warning" (in that order). 

The rest of this material is probably gobs more information than you want.

I send it along in case you want to delve deeper.

Pax

Alan

 "It is difficult to get a man to understand something, 
when his salary depends on his not understanding it."
Upton Sinclair

"Inside Job" 
freely available online 
http://www.veoh.com/watch/v37088999EJyNe8wF



"Money, Power and Wall Street"

"The Warning" 
(One woman saw the meltdown coming, tried to sound the alarm and was dissed into silence by "The Men's Club"

"Meltdown"
Frontline's Ongoing Investigation of The Global Economic Crisis

"The Financial Crisis: The Frontline Interviews"

"60 Minutes" interview with Michael Lewis
Part I:
“The leaders of Wall Street completely lost any sense of responsibility to the society.”  
Interview with Michael Lewis, the director of "Inside Job"  
Part 2
“The leaders of Wall Street completely lost any sense of responsibility to the society.”  

"This Is Why They Hate You And Want You To Die" by Josh Brown, Wall Street insider. Excerpt: “You pay fired executives more in severance than the average American worker will earn in a lifetime.  For most people on the outside looking in, this seems like it's from outer space, another world entirely.  These numbers just do not exist to regular human beings, they cannot be fathomed.  The ordinary American is not a class warrior or a woe-is-me whiner coveting the rewards of others - the ordinary American simply believes that extraordinary rewards should go to those who do extraordinary things, not to paper-pushing failures at parasite banks. So let me give you a hint that will save you countless hours and millions of dollars spent on consultants and the public relations morons you keep on staff:  This is why they hate you.  This very type of thing, while just a single example, epitomizes the piggish mentality that has set you apart from everyone else.  This is why they're marching against you and calling for boycotts and writing their politicians.  And this is why your whole model and way of life is on its way to being dead. Forever.”  http://www.thereformedbroker.com/2011/10/09/this-is-why-they-hate-you-and-want-you-to-die/


"The Job Creators and Taxes"
(or, 'Why Wealth Inequality Sounds The Death Knell Of Capitalism')
TED Talk
by Billionaire Nick Hanauer, co-founder of Amazon

"Beware, Fellow Plutocrats, The Pitchforks Are Coming"
TED Talk

Image result for running after rich man carriage"
The fellow on foot is a prototypal Trumpista, begging trickle down from plutocrats who have strategized to devise structures to keep him needy enough to beg from his "betters."

"Plutocracy Triumphant"
Cartoon Compendium
Compendium Of Best Pax Posts: Plutocracy, Economic Inequality And The Collapse Of Conservatism

"Politics And Economics: The 101 Courses You Wish You Had"

Pope Francis: Quotations On Finance, Economics, Capitalism And Inequality

Teddy Roosevelt: "Malefactors Of Great Wealth... Are Curses To The Country"

Why Are Americans So Poorly Paid. This One Chart Will Even Shame The 1%

Inequality: Joseph Stiglitz Brilliant Reflection On Obama's State Of The Union Address

"Of The 1%, By The 1%, For The 1%,"
Nobel Laureate Joseph Stiglitz

It's Not About Income. "It's About Net Worth, Stupid!"

Plutocracy And The Flabbergasting Stupidity Of Angry White People

Image result for "pax on both houses" party of lincoln

Lincoln On Labor And Capital: Ask Conservative Friends To Mass Email This, Then Ask "Why Not?"

Abraham Lincoln: "Capitalists Generally Act Harmoniously And In Concert To Fleece The People" (Yes, It Fact-Checks.)


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