This is an episode of Reality Asserts Itself, produced on June 15, 2014. Mr. Johnson says the compulsive pressure of money in politics has led to an abandonment of rules other than rules which transfer risk onto the back of the public.
Financialization of the economy and pervasive corruption go hand-in-hand. The stronger the financial sector and more parasitical it becomes, the more profound and systemic the corruption. Paul Jay joins “The New Untouchables” for a discussion about Bill Black’s conception of “control fraud.”
The Biden Administration is intertwined with Wall Street but must deliver some election promises to workers. Michael Hudson joins Paul Jay on theAnalysis.news.
This is an episode of Reality Asserts Itself, produced on June 17, 2014. Mr. Johnson says politicians dependent on campaign contributions from the wealthy are allowing finance to bankrupt Detroit and cities across the country.
This is an episode of Reality Asserts Itself, produced on June 13, 2014. Mr. Johnson says TARP was an abomination; finance controls the government and uses it to cover its losses.
The final segment of our series with Bill Black on modern American financial fraud.
This interview was originally published on June 1, 2014. Mr. Lapavitsas says we must deeply reverse financialization and take on private ownership of banking and other critical sectors.
This is an episode of Reality Asserts Itself, produced on June 12, 2014. Mr. Johnson says, “I used to tell my dad, if I’m fortunate enough to see St. Peter and get through the gate, I’m not going to get in because I helped knock off the British pound”.
Bill picks up the history of financial fraud with the Obama administration. Finance has targeted Black and Latinx families with sub-prime and liars loans and the crash wipes out 60-70% of their accumulated household wealth. What does Obama do? Bill joins Paul Jay on theAnalysis.news
Bill continues his history of modern financial fraud in America. He says the dark side of “financial discipline”, is the Merrill Lynch’s and Goldman Sachs of the world don’t provide discipline. They provide cash. They fund the expansion knowing it’s crap because they know as long as it’s going up, they personally, not Goldman, they personally will make a ton of money. Bill Black on theAnalysis.news with Paul Jay.
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