‘Left, Right & Center’: Wall Street on the Rocks

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‘Left, Right & Center’: Wall Street on the Rocks

kcrw.com

What to make of the bailouts and sellouts that dominated the past week’s financial headlines? Well, “Left, Right & Center” commentators Matt Miller, Robert Scheer and Tony Blankley (Arianna Huffington was away) have some ideas about what caused the nightmare on Wall Street and what the future holds.

KCRW.com:

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TAGS: aig banking blankley deregulation economy huffington insurance left right and center lehman brothers merrill lynch miller scheer wall street

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By STARCHY, September 23, 2008 at 1:51 pm Link to this comment
(Unregistered commenter)

I think Tony does a great job, and LRC is a great, balanced, CIVIL radio show… it is availble on podcast for anyone to enjoy at their leisure

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By wildflower, September 23, 2008 at 6:48 am Link to this comment

And Sheer is/was right when he said way back when . . .

“Corporate American is a shambles because deregulation the mantra of our President and his party has proven to be a license to steal.”

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By Hammo, September 22, 2008 at 11:40 am Link to this comment

Maybe we Americans should take a good, hard look at Wall Street ... and ourselves. Food for thought in the article noted below:

“Let’s bail out the greedy, the crooks, the suckers”

AmericanChronicle.com
September 22, 2008

http://www.americanchronicle.com/articles/75078

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By cyrena, September 21, 2008 at 11:26 pm Link to this comment

We knew it was coming. It has. We’re screwed.

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By RickinSF, September 21, 2008 at 6:36 pm Link to this comment

Listening to Tony Blankley try to reframe this debacle is the aural equivalent of slalom skiing.
Scheer’s rebuttal is the aural version of plucking the legs off a bug.
I love it.

I’d also love it if the LRC link was kept up on Truthdig for more than a couple days.

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By Charlie, September 21, 2008 at 7:13 am Link to this comment
(Unregistered commenter)

I suppose there’s some entertainment to be had from listening to the free-market ideologues tying themselves up in knots as they try to explain why deregulation hasn’t been the problem, but it’s pretty cold comfort.

The more depressing aspect is the idea that the huge taxpayer bailout to the bankers is going to put pressure on public finances and hit the taxpayer again in reduced services.

It’s the old neoliberal ‘heads I win, tails you lose’ con trick.

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By John, September 20, 2008 at 2:46 pm Link to this comment
(Unregistered commenter)

Tony Blankley wants it both ways all the time. When Harry Truman ran this country, there weren’t semantics and deception. When do we start prosecuting inherit bribery, coercion, willful misconduct, and criminal negligence under the RICO statute. Wall Street corruption is just the legalized version of the mob only on a massive scale.

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By Tony Wicher, September 20, 2008 at 1:31 pm Link to this comment

I’m sure that Democrats under Clinton such as Robert Rubin do bear some of the responsibility for this, but it has been largely Republican-pushed deregulation that has gone on for forty years that has finally undermined an economy that has been “fundamentally strong” since the regulations to prevent this were put in place after the Great Depression. After that all the Democrats had to say for the next 20 years was “remember Hoover”. Maybe now all we will have to say for the next 40 years is “remember Bush”.

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By troublesum, September 20, 2008 at 1:28 pm Link to this comment

Thanks to Tony Blankley for clarifying that republicans never believed in small government. So when will the rewriting of history books begin?

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