Inside Job (2010)

[iamdrgonzo]

Inside Job (2010)

Video - Full Movie

'Inside Job' provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse. The film traces the rise of a rogue industry which has corrupted politics, regulation, and academia. It was made on location in the United States, Iceland, England, France, Singapore, and China.


























Enjoy

[Ben]

I saw it awhile ago. It's very good.
Gotta love Wall Street. They're all for the free market and then run to the nanny state for cash when things crash -- ha! ha! I mean, it's great for them. They've got an automatic insurance policy: the American tax-suckers.
And what is scary is that Standard and Poor's has said that the economy is more unstable now than back in '08. Frightening, eh?

[hippifried]

And what is scary is that Standard and Poor's has said that the economy is more unstable now than back in '08. Frightening, eh?

Yeah, & didn't they give Lehman a AAA credit rating the day before they crashed & burned?

[Ben]

Yeah, & didn't they give Lehman a AAA credit rating the day before they crashed & burned?

True. But the bankers, of course, got off scot-free. And the banks, the big banks, are bigger than ever. And Obama won't go after the bankers, I mean banksters, because that's where his campaign funds came from.
And, of course, the banksters have a good defense. They have to maximize profit(s). It's a legal requirement. (And people could or should ask is Lloyd Blankfein a nice guy? Well, it's totally irrelevant. He has a legal requirement, again, to maximize investor return. Thus the banking system wanted to approximate free market conditions to fully maximize shareholder return. And voila: the world-wide economy tanked... )
And there hasn't been sufficient regulations put in place to prevent another crash. And Obama won't do it. So, all we can do is merely cross our fingers -- and toes -- and hope for the best.