Nobel Prize-Winning Economist Joseph Stiglitz: Obama Has Confused Saving the Banks with Saving the Bankers

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We get reaction to President Obama's speech from Nobel economics laureate and former World Bank chief economist, Joseph Stiglitz. Stiglitz says the Obama administration has failed to address the structural and regulatory flaws at the heart of the financial crisis that stand in the way of economic recovery.

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I am an aspiring mystic with a bit of experience in sales/marketing, currently living in the New York metro area with my books, candles & more books. I believe we, as a civilization, have reached the low ebb of an entire cycle (see "Hindu Yugas" & (more...)