Monday, November 23, 2009

Nomi Prins: “It takes a pillage.” (Update)

It is a bit of a challenge typing with your jaw propped up with a crutch, but I’ll try real hard.

In my world and until this evening, the name Nomi Prins was just as un-familiar to me as was Naomi Klein before I saw her reviewing her latest book on C-SPAN earlier this year. Ms. Prins was having her book, “It takes a pillage” reviewed on After Words on C-SPAN,

I did not know Rep. Bernie Sanders (I-VT) could moderate a book review. Mr. Sanders and Ms. Prins teamed up to present one of the most fascinating book reviews I have even seen on television. Together they meticulously and effortlessly undressed Larry Summers, Timothy Geithner and the rest of their Wall Street cohorts a la Citizen Kane.

Ms. Prins: Watching banks becoming Too Big To Fail is “watching something you do not understand”. And if you want Wall Street to alter its behavior, “You need legislative attachment(s) to make those changes occur”. Ms. Prins discussed how secretive Wall Street is, its inabilities to be regulated and a whole bunch of other good stuff.

My efforts to write about the show is like me trying to play Vladimir Horowitz’s arrangement of “Stars and Stripes” with this damn crutch in my way! Very difficult!
As always,
BB
(Update)
12-3-09: D-Day for Bernanke- Expect Wolves with Pitchforks
by Badabing
Excerpt:
Both the Federal Reserve and the Treasurer were both complicit in the financial meltdown.  Both were charged as regulators towards reining in the Banks and Wall Street during the financial meltdown, and both of them failed miserably.  And instead of admitting their failures, they have done just the opposite, and have 'dug their heels' in and continue to support the very entities that continue unabated in their 'controlled fraud' on Wall Street, the SEC, the NYSE and the Vampire Banks.

And
Well, Senator Dodd 'you didn't pay attention' and that was your responsibility and look where it has led us as a nation.  Congress is just as complicit in this national disaster as is Alan Greenspan, Ben Bernanke, Wall Street, the Banks, and all of the so-called-regulators (including Timothy Geithener) look the 'other way' and who just let these 'raving out of control' crooks and liars bring us to economic disaster unlike any in our history as a nation.
Read more at:
http://www.dailykos.com/storyonly/2009/11/22/807136/-12-3-09:-D-Day-for-BernankeExpect-Wolves-with-Pitchforks

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