[Peace-discuss] "Inside Job" -- at the Art today (2:30/5pm/7:30) and Thursday (7:30)

Stuart Levy slevy at ncsa.illinois.edu
Sun Apr 10 10:40:17 CDT 2011


There's a pretty good film, "Inside Job", about the engineering
of the bubble that led to the 2008 financial collapse,
the regrettable-but-necessary multi-trillion dollar bailout
that followed it, the corruption of the field of economics, etc.

It's at the C-U Art Theater today (2:30, 5pm, 7:30) and Thursday (7:30),
though not on Mon-Wed.  Karen and I saw it yesterday.  Much of the material
will be familiar to peace-discuss readers, but it's well presented,
and includes interviews with some key people (though many of those
refused to be interviewed - a whole section of the film web site,
insidejobfilm.com, is devoted to those who declined, several of whom
are "serving" in the current Administration).

Opens with a review of the bubble-and-collapse in the Iceland banks,
which was just in the news yesterday as the Icelandic people voted
not to take on the burden of debt those banks had spun up before collapsing.

Occasionally hilarious, as when Rep. Michael Capuano (MA),
at a hearing where a bunch of principal banksters were testifying,
said something like this:  "You say you're very sorry, and you
won't do this again.  Well, several of my constituents have 
robbed several of your banks.  They too say they're very sorry,
and that they won't do it again either."

Of course, the bank robbers are in prison, and -- as the film points
out -- there has been not a single criminal prosecution of the firms
involved in the collapse.

Hope you can see this film.

The web site -- insidejobfilm.com -- is well worth perusing too.

Includes a study guide aimed at classroom use,
    http://www.sonyclassics.com/insidejob/_pdf/InsideJob_StudyGuide.pdf



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