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

[Stuart Levy]

On Sun, Apr 10, 2011 at 03:49:17PM -0500, C. G. Estabrook wrote:
> It's worthwhile thinking about why David's eminently sensible plan didn't 
> happen.
>
> All those people celebrating "hope and change" in the last presidential 
> election should have known better.
>
> But they'll soon be doing it again - if they can just get enough lurid 
> publicity for Palin & the Teapartiers.

Among the quotes in Inside Job: Obama's is a Wall Street government.

In the study guide, they invite students to investigate this, looking into
the backgrounds of each of its high-level people, from Rahm Emanuel
to Ben Bernanke to Mary Schapiro (now head of the SEC, recently
head of the Investment Banking industry's self-regulation org).

> On 4/10/11 David Johnson dlj725 at hughes.net wrote:
>
> " the regrettable-but-necessary multi-trillion dollar bailout that followed 
> it "
>
> Absolutely a GREAT film Stuart !
>
> I rented it last week from the Champaign Library, and I have to say that it
> is not only great for it's info but is also one of the best produced
> documentaries that I have ever seen.
>
> I however must beg to differ with your above statement about the bailout.
>
> The government should have taken direct control and management over all the
> banks that were in financial trouble and AIG Insurance as well as Moody's
> and the other rating agencies that made the swindle possible.
> They then should have disected all of the toxic assets from the good assets
> and let the rest fail with the only guarantee of financial support (
> bail-out ) given to ; depositers, pension funds, and home owners. AND....
> There should have been hundreds if not thousands of criminal investigations
> and convictions with jail time for those responsible for the fraud and
> damage to the economy.
>
> The bail-out of GM is another case in point. The same management structure
> was left in place. None of GM's foreign assets were included in the 
> equation
> as to rather or not GM was broke, and the Auto Workers had to pay for the
> financial problems that they did not create.
> Instead, All of GM's assets should have been seized ( including the foreign
> assets ) and GM should have been made a worker owned cooperative with
> government loans and supervision for a few years until the company was
> stable.
>
> David J.
>
> ----- Original Message -----
> From: "Stuart Levy" <slevy at ncsa.illinois.edu>
> To: <peace-discuss at anti-war.net>
> Sent: Sunday, April 10, 2011 10:40 AM
> Subject: [Peace-discuss] "Inside Job" -- at the Art today (2:30/5pm/7:30)
> and Thursday (7:30)
>
>
> > 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
> >
> > _______________________________________________
> > Peace-discuss mailing list
> > Peace-discuss at lists.chambana.net
> > http://lists.chambana.net/mailman/listinfo/peace-discuss
>
>
> _______________________________________________
> Peace-discuss mailing list
> Peace-discuss at lists.chambana.net
> http://lists.chambana.net/mailman/listinfo/peace-discuss