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Old 10-11-2009
chris_gee chris_gee is offline
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These two are well worth a read.
Bill Moyers Journal . Watch & Listen | PBS
Jesse's Café Américain: The Speculative Bubble in Equities and the Case for Deflation, Stagflation and Implosion

The first covers a need to loosen the hold over Congress of the financial sector maybe by eliminating campaign contributions for individuals. It asks in effect whether the people will roll over and let themselves continue to be done.
The second looks at how funds obtainable at zero interest are being used to speculate on the market, and even with one of the big banks buy a big stake in a Chinese car manufacturer. The difficulty being that financial games are not investments in the real economy do not create jobs, and are subsidised by the taxpayers and the pensioners dependent on income from investments.
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