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Bill Moyers talks with Gretchen Morgenson about the financial crisis and its likely return

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JON STEWART, commenting: Wait, we hadn't done that already?

SEN. DODD: This legislation will create an early warning system.

JON STEWART: We don't have an early warning system? It's taken you idiots two years during the worst financial collapse since the Great Depression to compile a list of regulations we should have put into place the next day? Well, better late than never, I guess. At least now we can have the legislation that would stop the next crisis from occurring.

SEN. DODD: This legislation will not stop the next crisis from coming.

Senator Dodd for years was a big recipient of Wall Street money. He was very close to the banksters. What about that banking committee of his? Can we rely on them to do the right thing?

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

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