Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

What do members of this forum think of "A New Way Forward"'s video?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Economy Donate to DU
 
clear eye Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 12:21 PM
Original message
What do members of this forum think of "A New Way Forward"'s video?
The first part is a simplified step-by-step of the creation of the banking crisis, but it is reaction to the rest of the presentation that interests me. It's here: http://anewwayforward.org/doit.php and they must have a rather small server because the 33 min. video takes ~20 min. to download via broadband.

They show Stiglitz saying that unless the gov't "takes control" (not ownership) of the institutions in which we have purchased a majority stake, the outcome will be a "disaster". They also have another economist saying that watching outcomes in many countries has shown that economic recovery depends on reducing the power of their financial oligarchs, and that Japan's failure to do so is the cause of their 10-year recession and their continuing stagnant economy. This 2nd economist does advocate at least temporary gov't ownership of failed banks to change their practices.
Printer Friendly | Permalink |  | Top
clear eye Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-09-09 10:42 AM
Response to Original message
1. No opinions? At all?
You know that you can still use your PC during the ~20 min. the video is downloading, right?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 30th 2024, 10:37 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC