Going to take a deep dive into wall street reform stacey this is the defining issue of our time i believe since 20082009 the financial crisis the response to the financial crisis when barack obama came into office he had a choice and he made i believe the wrong choice that has resulted in not only tromp but what were going to see in the 2020 alexion with us we have dr Michael Hudson and randy bowler now the 2 big items that we saw from the 2008 financial crisis with the top 2 i have here too big to fail too big to jail it was always the reality but it became front and center and nobody can disguise the fact that we now live and it to tear a con a me dr Michael Hudson should banks be too big to fail the problem isnt really just that theyre too big to fail theyre too big not to make all their owners billionaires the banks that were the most crooked the largest banks have increased their role not decreased the role theyve been rewarded instead of punished so its not simply that there are
Welcome to front running 2021st max keiser and Stacy Herbert we look at all the candidates we look at the positions as we head into the big election today were going to take a deep dive into wall street reform stacie this is the defining issue of our time i believe since 20082009 the financial crisis the response to the financial crisis when barack obama came into office 7 he had a choice and he made i believe the wrong choice that has resulted in not only tromp but what were going to see in the 2020 alexion with us we have dr Michael Hudson and randy bowler now the 2 big items that we saw from the 2008 financial crisis with the top 2 i have here too big to fail too big to jail it was always the reality but it became front and center and nobody can disguise the fact that we now live and a 2 tier a con a me dr Michael Hudson should banks be too big to fail the problem isnt really just that theyre too big to fail theyre too big not to make all their owners billionaires the banks that wer
A journalist an investigative journalist to find these crimes you could have tuned into our show or matt there were a lot of great journalists writing about all the crimes that did happen but they didnt get punished you know andrew yang actually has a radical idea for dealing with this in the future and yang says that if he were to become president that he would pass the Public Protection against market abuse act and this would create mandatory minimum jail sentences for financial crimes and of course we know that it was Biden Clinton those sorts that passed those mandatory minimum sentences for crimes in the hood this would bring it down to wall street but also they would be mandatory minimum jail sentences for c. E. O. s and this is the radical part the largest individual domestic shareholders should shareholders be responsible for these crimes at these banks and i think wiping them out would be. And thats what happened to citibank all these bad the big banks were all basically bankr
Interesting going to france many years ago since then i mean obviously if we just choose how you should trust we have in our own criminal Justice System. Welcome to the weekly here on R T International where we bring you the top stories from the week just gone. Out the final day of the Munich Security Conference on saturday russias foreign minister told europe that its time to change course arguing that moscows International Partners need to stop invoking the false phantom of the russian threat Sergey Lavrov used his address to call with the west but the details here is peter all over. So to get allow for all of the Russian Foreign minister he gave a very quick address to the Munich Security Conference he did say that when it came to improving relationships with europe as some european leaders have been speaking about iraq this year security conference there remained what which the laughter of called a crisis of confidence the course of confidence is being felt particularly strongly in
Lets stay with the too big to fail too big to jail because when barack obama came into office he had the opportunity to punish these crimes and the voters wanted that thats why they voted for him he didnt randi why did he not do this eric holder as attorney general is comment about that some of claim that he was too close to some of these groups as a corporate attorney we did not have for a moment like they did in the past with the peugeot hearings the wheeler hearings when f. D. R. Was president you had a series of hearings that actually dealt with the crash of 1029 i thought in america in 20092010 we have the same thing and we did not of course f. D. R. Hired a journalist an investigative journalist to find these crimes you could have tuned into our show or there were a lot of great journalists writing about all the crimes that did happen it did but they didnt get punished you know andrew yang actually has a radical. I for dealing with this in the future and yang says that if he were