Naomi Klein on The Rachel Maddow Show

[Joanne98]

Run time: 08:03 https://www.youtube.com/watch?v=sARVJDBYbHo   Posted on YouTube: May 07, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: May 07, 2009 By DU Member: Joanne98 Views on DU: 4713

 

[Lint Head]

1. Naomi is so intelligent. Like Rachel is is also very beautiful.

:dem:

[ProfessorPlum]

2. K&R thanks for posting. Of course, she is right, and I wish she weren't

I'll say it again, "The Shock Doctrine" is MANDATORY reading for people here at DU. THE most important book published in the last 30 years for understanding the world.

The analytical and intellectual wattage that was together in that room with NK and RM would be enough to power a city.

[RUMMYisFROSTED]

3. k to the r

[ro1942]

4. naomi

what a woman

[rollingrock]

5. Welfare for Wall Street

[Papa Boule]

6. "Here we have just this transfer, this massive transfer, of public wealth into private hands...."

"It's the very poorest and most vulnerable and weakest people in the world who are being asked to bail out the wealthiest and most powerful...."

"You know I hate to say this, because people are feeling a little bit optimistic, but I really do think this will go down, the bailout will go down, as the greatest heist in monetary history."

[FredStembottom]

7. She's bashing Obama!

By not being "patient"!
And not believing he has a secret plan that's the opposite of what he is doing!

[sellitman]

8. I'm glad someone is.

My money shouldn't be going to fund lobbyists that are not looking out for my best interests.

[glitch]

9. Brilliant as usual.

Fears Obama may be missing a crucial opportunity to channel the peoples' free-floating rage into supporting re-regulating the financial sector and not leaving it free-floating for others to pick up and use.
Others without our best interests in mind.

[Delphinus]

42. I agree with her on this.

Back in September, there was a TON of rage about the bailouts - people were screaming from the rooftops. Perhaps it helped Obama get elected - I don't know. But that rage needs to be channeled constructively or we will turn on each other.

[LittleGirl]

10. shock and rage

That's how I felt as I spent nearly 3 weeks going through each chapter of her book. I finished it about 3 weeks ago. Shock that this has happened over and over and rage that nobody else is shouting from the rooftops that it has to stop.

It's too bad that Rachel had to cut her off and honestly, why? for a commercial break? This should be an hour show like 60 minutes or something. Explain how this bailout has corrupted capitalism as we know it. Please someone step up.

I don't think this would be an anti-Obama hour but let's examine what happened and why. How can it be prevented in the future?

[justinaforjustice]

14. Reverse This!

You write: "Explain how this bailout has corrupted capitalism as we know it. Please someone step up."

No, it is corrupt, crony capitalism which is destroying our economic system. The bail-out of the big financial institutions to the tune of trillions of taxpayer dollars (which should be going directly to job creation), has been engineered by the corporate CEOs and those they have placed in policy positions in our government, Clinton and Obama's governments as well as Bush's, to save them their companies from the insolvency they themselves created through their ruthless gambling with other people's money.

Deregulation allowed the big financial institutions to turn themselves into monstrous casinos which didn't even have the basic Las Vegas business sense to protect their own houses from their greed.

It is the inherent mechanism within the capitalist system which inevitably produces such periodic crises, but the extent of this crisis was greatly amplified by the extreme, wild west practices of the banksters. The only solution is to radically change the economic system so that it produces for human needs and not corporate profits.

In the interim, we need to return to the regulations established during the Roosevelt administration to ameliorate the worst excesses of the capitalist greed which destroys economies.

[LittleGirl]

21. umm, yeah

I think the tone didn't come out when you quoted me. I agree with everything you wrote...but I think the US at large doesn't get it. I read the book. I understand how capitalism failed, especially since reading the book. I just wished the whole world would read it.

thanks.

[Enthusiast]

36. K&R I'm with you, LittleGirl!

It kind of made me a bit sick to my stomach to again be reminded that we have still not regulated the things that got us into this mess.

[DeSwiss]

11. Excellent.

- K&R

[bertman]

12. Naomi Klein is a national treasure. Too bad she's Canadian. (I think).

After reading "The Shock Doctrine" you will forever shed any illusions that this "financial crisis" is anything but a criminal conspiracy by the richest people on the planet to steal everything they can from the rest of us. Including our civil liberties, our social security and our national well-being.

I hope Rachel will have her on again soon. Naomi was just getting going good when the clock ran out.

Recommend.

[glarius]

13. Yes she is a Canadian.........she's married to Avi Lewis, the son

of Stephen Lewis, a well known socialist in Canada.

[Lena inRI]

19. Turning point=Bush failure to privatize SSecurity

". . .the richest people on the planet to steal everything they can from the rest of us. Including our civil liberties, our social security. . . "

This planned crisis started the day that Bushco realized they could NOT get those Social Security funds into the stock market. . .

And all this "torture tolerance" is in preparation for controlling US when we take to the streets as bailout/stimulus fail. . .

All this is exceedingly well-planned

Now,for us lowly citizen observers to see this planned crisis for what it is, the really important question for me with each passing day is:

DOES PRESIDENT OBAMA AND HIS ADMINISTRATION SEE THIS AS A PLANNED CRISIS AND WILL THEY ACT ACCORDINGLY AND ULTIMATELY IN FAVOR OF THE PEOPLE?

IOW, whose side is this President on?

Torture tolerance is to intimidate us to shut up and wait. . .yeah. . .ahah. . . hmmmm. . .

we'll see about that, won't we!

:smoke: :smoke: :smoke: :smoke: :smoke:

[Delphinus]

43. What you're saying,

truly scares the shit out of me!!

[TomClash]

15. She's absolutely right

Where are the stringent controls on the Wall Street bloodsuckers? So many have lost so much - and no one is really held accountable.

One tiny moan, though. Most of the TARP and TALF money originate from Fed loans. That's a nice way of saying the Fed is printing the money. No one is ever paying that back and no one will ever be on the hook for it. Maybe it's inflationary and maybe it's not.

[Name removed]

40. Deleted message

Message removed by moderator. Click here to review the message board rules.

[TomClash]

41. Not so clear

It depends on a lot of other factors - the money multiplier to start with.

[JDPriestly]

16. Wonderful. Brilliant. Makes so much sense.

[LaPera]

17. I love the lovely, sexy intelligent liberal Naomi Klein...I'll watch & listen to her anytime,

but I'm being shallow....when I'm not being shallow I'll watch the hot, sexy, brilliant progressive Naomi Klein anytime!!

[ihavenobias]

18. K & R n/t

[pedo]

20. 7 whole minutes

this is why i only watch pbs

[SalviaBlue]

24. 7 minutes is a LONG time in TV time.

[pam4water]

22. I was disappointed they only let her speak for 7 minutes too. I hate the republicans more than the

next 2,999,999,999 Americans. But 15 minutes a show of how are the republicans floundering today is a waste of time. They should have given that time to the Naomi Klein interview. I hate to say this but Rachael and Keith seem to be just wallowing in schadenfreude. It was great for the first month or so, but we got real problems - the decay of American industrial base, the financial markets, Afghanistan, Iraq and Pakistani. And Rachael and Keith are only covering it in the most superficial way. I know it's probably lack of resources but they need to work on that some how.

[Towlie]

26. Or she could have skipped Kent Jones.

But then, maybe he's guaranteed his time slot at the end of each show.

I used to enjoy listening to him on the Morning Sedition radio show with Mark & Mark. He played a mock conservative named "Lawton Smalls" and was hilarious.

[MasonJar]

23. If Naomi and rachel and you and I can see that regulation and demands should

accompany the bailout money, why cannot Obama and Geithner and Summer? (I include Obama in the mix because he chose the other two and will not remove them, so he is equally culpable, if not more so.)

[LatteLibertine]

25. I respect Naomi Klein too

She was good as usual on Rachel's show. Over time the "bail out" will indeed prove to be one of the greatest jacks of all time. It takes privatize the profits and socialize the losses to a whole new level. The citizens of the United States opposed it at a ratio of 100:1 yet it was passed. No doubt some steps needed to be taken and not in the manner or form they were implemented. It's a shame it seems Wall Street is going to get their welfare and homeowners are going to be largely left out in the cold.

[robinlynne]

27. ok. 11.5 trillion for the bailout vs .5 trillion for the economic stimulus!

(I'm eliminating the 50% of stimulus money which is tax cuts, because that was just a concession to the repugs.)

11.5 trillion. CAn you imagine our country if that 11.5 trillion had been used for something useful, like food, shelter, health care, homes?

yeah, I know it's supposed to trickle down from the banks to us, but it didn't, did it?

[onethatcares]

28. I could listen to her speak economics all day and I'm a carpenter

after reading "the shock doctrine" i realised where our country was heading and for gauds' sake, we're there. Privatization is gonna be the next big thing that rolls down the pike, they'll leave social security alone for a while but we will get the "it's broken and out of money" song and dance, then our retirement world will end just like we were a fourth world country.


Peace.

[Kaleko]

29. Some of the posts on this thread

should be comments on YouTube as well. Explain the soundness of Ms Klein's reasoning to the dingbats there and rate the video, please.

Education... it's not just for school kids anymore.

[LaPera]

30. You get 3 stars!

You lose a star on presumption and another on elitist ego.

[Kaleko]

31. My post does come off as overbearing

and snotty, you're right. Sometimes it's good to have that pointed out.

[asolarski]

32. Just the truth, not snotty

I liked it

[Kaleko]

33. Thnx. I guess you saw the spirit it was written from.

And welcome to DU/ :hi:

[democracy1st]

34. K & R

[olegramps]

35. Why did President Obama appoint Geithner and Summers to straighten out this mess.

It has never made any sense to me that here are two people who share in the blame for this disaster and President Obama appoints them to clean up the mess. Why in the hell haven't the repealed regulations that could have prevented this disaster not been reinstated?

I have sent this message to the White House and my representatives and all I got in return was some lousy form letter. It appears to me that anyone on this board who questions what President Obama is doing gets attacked. What I would like President Obama to explain to me is just why can't we let these people who created this mess go bankrupt just like the working class people who the bankers say were reckless and irresponsible by getting in over their head. I would like someone to explain to me just how does it profit the working class people to give these bastards billions of dollars so they can award themselves huge bonuses for their ineptitude.

[Enthusiast]

37. Gramps, I wrote them too.

I'm pretty disappointed about this. If we don't let them go bankrupt can't we at least enact legislation that prevents this from happening again? I did not vote for President Obama so he could do this.

[olegramps]

38. I bet you got the same form letter reply that I did.

It appears that the Chrysler bankruptcy could result in the government providing more money to AIG to cover the credit swaps they insured. When in the hell will this end?

[Echo In Light]

39. I caught this one the other night when I heard she was going to be on! K&R