Greg Palast: Goldman Sachs vs. Occupy Wall Street (It´s YOUR money!)

[marmar]

Run time: 13:30 https://www.youtube.com/watch?v=pu2K96quxvw   Posted on YouTube: October 25, 2011 By YouTube Member: harmonyDream Views on YouTube: 20   Posted on DU: October 25, 2011 By DU Member: marmar Views on DU: 2206

 

Democracy Now! talks to investigative reporter Greg Palast about a controversy in the banking community around the Occupy Wall Street movement. Palast investigates the story behind Goldman Sachs' recent decision to pull out of a fundraiser for the Lower East Side People's Federal Credit Union in New York City after it learned the event was honoring the protesters at Occupy Wall Street. The investment bank withdrew its name from the fundraiser and also canceled a $5,000 pledge. Was the $5,000 a Goldman Sachs donation or actually American taxpayer bail-out money Goldman set aside for community banks?

[JuniperLea]

1. K&R!

Oh... wait... huh... zero...

GAWD I really am begining to hate people.

[pam4water]

2. K&R for Greg Palast who was one of the first to talk about the rip offs by Wall St & got nothing but

grief for it form the left and the right! The left for being right too soon and the right for telling unvarnished truth!

[lib2DaBone]

3. Greg Palast is the best..he has been laying down the truth for a long time..

..an excellent primer on how money works in today's political system.

[cui bono]

4. Kick for Palast. Stands up for us no matter how many people give him grief.

He's awesome!

[BrendaBrick]

5. Kicking

This needs wide-spread attention!!!

[Hotler]

6. kicking. Fuck you Goldman Sachs you rotten shit stains. eom.

[Marazinia]

7. So let me get this straight

Activists who remove their money from one bank and put it into another bank for political reasons get arrested, but bankers who take back payments owed to a credit union for political reasons don't?

[Dawson Leery]

8. When Bear Sterns and Lehman went down, the others needed to follow.

The only way to cleanse the system of these bad debts and corrupt financial instruments was to let these institutions die off.