Wednesday, March 17, 2010

'Daily Show' Takes On Financial Regulatory Reform, Explains Dodgy Wall Street Practices (VIDEO)


I remember just after President Obama was inaugurated he had an interview on 60 Minutes with Steve Kroft who asked questions about the financial crisis. At a point the President laughed. Kroft was surprised by that and uttered, "You laugh?" And the President replied..."Gallows humor." Because what the financial guys did was legal and no one would be punished.



Well, I laughed at Jon Stewart's clip and then fully realized exactly what the President meant. I was laughing because unless a better law is developed than what was presented we will get taken again by the same guys in practically the same way. It really is a shame.
Read the Article at HuffingtonPost

No comments: