Tuesday, February 2, 2010

Elizabeth Warren Explains (Part of) the Financial Crisis So even 3rd Graders Can Understand

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Elizabeth Warren video below, with Jon Stewart last week.  In it she explains the nexus of the financial problems we have from the banking point of view - at a level perhaps in a way that would not go over the head of Joe 6Pack.  Of course, banks were not the only culprit - "we" all were ... consumers, government, oligarchs - but the consumer is "fixing herself" in forceful nature (no other option) and the government is hopeless to fix.  So that leaves the oligarchs...

Can you imagine a Treasury Secretary with a pragmatic person such as this, who is not beholden to the top handful of financial institutions?  [Aug 13, 2009: The Parallel Reality: Nassim Taleb and Elizabeth Warren]

8 minute video - email readers will need to come to the site to view.


The Daily Show With Jon StewartMon - Thurs 11p / 10c
Elizabeth Warren
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