In a preview of this weekend's Moyers & Company, I talk with What's the Matter With Kansas? author Thomas Frank about the friendly faces greeting Jamie Dimon when he appeared before the Senate Banking Committee this morning. Seven members of the committee were big recipients of money from the megabank.
Frank describes the revolving door of employment between government and corporate America, especially when it comes to Congressional staffers-turned-lobbyists.
"Staffers know they could drop what they're doing and go work for a lobby firm and make fantastic money... They want to please these companies -- even when they don't work for those companies -- because that's their future employer and everybody knows it."
Frank's most recent book is Pity the Billionaire.
Watch the full episode on Moyers & Company this weekend. Check your local listings.
Follow Bill Moyers on Twitter: www.twitter.com/BillMoyers
Mark Gongloff: Alan Greenspan Bravely Rushes To JPMorgan Chase's Defense, With A Bucket Of Nonsense
http://banking.senate.gov/public/index.cfm?FuseAction=CommitteeInformation.Membership
There was a faily recent issue on employee privacy that got voted down, but at least prior to the vote I e-mailed that prick.
Until americans understand the amount of knowledge they need to have a social democracy, this will continue even get much much worst.
As they say we have not seen nothing yet.
Third world is coming to america while americans treat capitalism as an absolute truth not to be questioned.
It will not come overnight but like a frog in slowly rising hot water it will come in such a manner that americans will continue to blame everything and everyone but not the economic system that they adore and treat as a universal truth and our brand of capitalism appeals greatly to the greed of human ego.
The planet is poisoned. The sheer amount of toxins and radiation is about to punch us in the face.
Capitalism is the worst system ever. More people suffer due to capitalism than any other reason.
Read more about the radiation about to end your way of life (and your life) at FukushimaForum.info
I just noticed that you blogged here today. I am a huge fan of yours and really appreciated the knowledge I learned from your show Friday night. I've spent all morning sharing info and providing a link so others can watch/learn. I didn't know that Hoover bailed out banks and then people voted in FDR. I'm from the 60's and we all were very active in grass roots activism.
I found an article in Politico where Cheney shouted out in glee to the GOP "It's Hoover time again!"
You're my hero Mr. Moyer because of the dedication to bring awareness to the people and you're my ideal of a great human being/Man/Father/Grandpa.............American.
Happy Fathers Day! I am sure you're children (and that newly graduated grandson!) are very happy LSR
This week the Director and Asso. Director were fired, as it was revealed, because they refused to add the works of a fundamentalist religious person, masquerading as a historian (sans credentials) to the TV lineup.
http://weldbham.com/secondfront/2012/06/13/alabama-public-television-executives-fired-abruptly-after-pressure-to-change-programming/
Last week, a secret group led by a former Goldman-Sachs, hedge fund billionaire, disposed of the President of UVA without cause, well without giving a cause.
Is everything up for sale? Is there nothing left that is not corruptible?
Thankfully Moyer & Company posts its program online and thereby circumvents the censors.
The one hope is that although Moyer and Company have been taken off the air there folks can still watch his excellent show online. I haven't owned a TV for over 5 years now.
Religion is not history it is fictional literature --heresay written, edited and published by men;
Religion is a man-made power tool fueled by fear and need and greed.
I know it wont happen, they would not have the courage to come to his show. What a loss for us as voters. They would have to give coherent answers, they can only spin and use the language of Frank Luntz.