This is one of the most stunning and truth telling interviews I have seen in a long time. It is well worth the commercials that Comedy Central shows in these clips before you can see them. It is the complete, uncut, uncensored, interview from John Stewart's show last week which was the climax of a week long battle he had with CNBC about their betrayal of the public in their reporting on the factors that led to today's economic collapse. These include the footage that they had to edit out due to time constraints of the show.
To me, this is required viewing for anyone interested in the state of today's media empires.
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Wednesday, March 18, 2009
John Stewart takes on Jim Cramer and CNBC
Wednesday, October 29, 2008
Feature Film: Zeitgeist - Addendum
This is a sequel to the movie "Zeitgeist" by Peter Joseph which was a web phenomenon from last year. The movie was very controversial and it has been attacked from many angles but I think it did what it set out to do: get people talking about the subjects.
In this sequel, Joseph spends all the time on something that was only a part of the original movie: the financial system. It is 2 hours long but the content was so fascinating to me that it went by very quickly. I'm not sure that I agree with all of the analysis but it is certainly something that makes me think. I think this movie might be more approachable than the original because it taps into something that everyone can relate to. It is still asking us to radically rethink the world around us but I think it does so more productively this time that will not be such a big turnoff to some people.
Tuesday, October 7, 2008
The Keating 5 and Thoughts on Dergulation
The McCain campaign lives in a big glass house and now they are throwing bricks at the Obama campaign. In response, this documentary, and a companion website have been released.
The research section of this site is really an eye opener. It has all kinds of letters etc that spell out exactly what this was about. For example: This is a quote from a letter John McCain wrote to the Whitehouse Chief of Staff at the time, James Baker.
Regarding regulation:
"I believe it to be unwise, and I think it flys (sic) in the face of our recent efforts to remove the hand of government from the affairs of private enterprise."
Here's the thing that really bothers me: We have a society here which is made up of human beings. We have agreed that human beings cannot be trusted to always regulate themselves and that the creation of "civilization" requires regulations. . also known as "laws." Without these laws people's primal natures are allowed to run wild and we have anarchy, chaos, tyranny and death.
Human beings once had a free market where everyone was on their own. The strongest families rose to the top and gathered power for themselves. This led to a world overrun for thousands of years by a number of tyrant leaders oppressing their populations and robbing them, and the land, of all wealth. Yet even these tyrants admitted that they needed regulations or their kingdoms would quickly fall apart.
The United States of America is very high minded scheme which attempts to create a society with a level playing field. We pride ourselves on this intention to give everyone a fair shot at success. Yet this doesn't happen without massive regulation imposed upon all of us. By agreeing to this regulation, America has benefited from the talents of many more people, and it has become very powerful.
Why is it that when it comes to human society, regulations (aka law and order) are considered necessary and it is a high minded goal to create a level playing field for all people. Yet, in the financial world, where society's well being is directly effected, regulation is an evil force that is ruining everything? Is there really a difference between tyranny and fraud in civilization and tyranny and fraud in the "marketplace?" Aren't civilization and "the market" a reflection of each other and dependent on each others outcomes?
Thursday, September 25, 2008
Mr. McCain goes to Washington
So in the latest desperate move by Republican, Mr. Smith Mr. McCain goes to Washington, perhaps on a white horse, to save the day.
It doesn't matter that he hasn't been seen in the Senate chambers in over 6 months, or that he's not even a member of the Senate banking committee, or that he's "not an expert on the economy", yet, this latest P.R. stunt to grab some limelight from Obama's recent surge in the polls has Americans scratching their heads and looking with cynicism at the senior AZ. senator's attempt to maneuver out of the debates this coming Friday.
One could call the campaigns decision to do this as McDesperate.
McCain's Keating 5 connection:
McCain on economics:
And the best one of all, McCain admits he hasn't even read the Paulson Bailout Plan.
The hour grows nigh for the Republicans. This is a total move of desperation by McCain's advisers and nothing more than a media stunt.
Tuesday, September 16, 2008
Kuttner pwns Hannity
Multimillionaire Sean Hannity proved he's not just a loudmouthed blowhard but seriously out of touch with everyday Americans. Kudos to guest Robert Kuttner for refusing to be intimidated. From the 9/10/08 Hannity & Colmes.
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