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Title: Robert Kuttner: The Squandering of America View count: 521 Rating: 5.0 (2 ratings) Description: Robert Kuttner taking questions about his book The Squandering of America. He talks about Alan Greenspan's book and how half of it is a screed against the need for government regulation and the other half is about all the times he used the Federal Reserve to bail out failed debts by free markets. Kuttner points out the hypocrisy in this and that you can't have it both ways and you have a duty to regulate them on the front end rather than bail them out on the back end. He says that we need to elect people who believe in a managed form of capitalism rather than a predatory form of capitalism. His article in The American Prospect can be found here: http://www.prospect.org/cs/articles?article=the_great_enabler He makes note of the double standard applied to banks as compared to everyday people, and how that needs to change and become part of the political dialog in this country. Tags: c-span, robert, kuttner, booktv, alan, greenspan, the, squandering, of, america, american, prospect, Author: videocafeblog |
