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America's Economy Reformed?

Friday 09 October 2009

by: Bill Moyers Journal, t r u t h o u t | Programming Note

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Representitive Marcy Kaptur and economist Simon Johnson discuss the economy with Bill Moyers. (Photo: Bill Moyers Journal

    Airtime: Friday, October 9, 2009, at 9:00 PM (EST) on PBS (check local listings).

    Just over a year after economic calamity brought promises of reform to Washington, many now say that the recession is nearing an end. But is it business as usual for Wall Street, and have future financial crises been averted? Former International Monetary Fund chief economist Simon Johnson and US Rep. Marcy Kaptur (D-Ohio) join Bill Moyers for a report card on the bailouts, an update on the state of the US economy, and to find out whether efforts of reform have been derailed. And, Bill Moyers remembers his friend, renowned physician and mountaineer Charlie Houston.

  

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Comments

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Reformed Markets? Hardly.

Fri, 10/09/2009 - 21:39 — Anonymous (not verified)
Reformed Markets? Hardly. Money is pumped into the belly of those who are too big to fail and the bonuses go like hotcakes to those who just happen to be at the top of the FIRMS without regard to the outcome to the FIRMS. If the Europeans and Chinese did not press for more regulations, we would not even do the bare minimum done so far just to appease the international community. CORPORATE WELFARE IS ALIVE AND WELL!!! IT WILL NOT CHANGE UNTIL THE KILL US ALL.

Please write the President

 Sat, 10/10/2009 - 06:04 — Anonymous (not verified)
Please write the President expressing your concerns regarding the inadequate response of the administration to all the corruption scandals. e.g. Dear Mr. President, Various photo-ops and overarching banalities notwithstanding, the Administration's major policy initiatives are falling severely short because they are so heavily compromised by compromises with corruption. As examples I note that: 1) Baucus' committee is perfused with Wellpoint Corp. corruption . 2) Nothing substantial has been done to reign in the excesses of the financial industry, in fact they have been rewarded massively for their misbehavior. (The banks should have been immediately nationalized, not made whole and set back on their feet to steal the public blind again) Your administration is not being well served by your current complement of advisers. Please get rid of Geithner and company, stop caving in at every juncture to right-wingers and corporate types. It is time to make good on your promise of change.