Joe Stiglitz on the Charlie Rose Show on Bloomberg TV - just starting now

[Bozita]

I watched this last night on PBS.

Stiglitz is great. Charlie is his usual corporate self.

[ProgressiveEconomist]

1. Thanks! It goes for the first 40 minutes of the hrlong show, 2B reaired at 10pm Eastern

I saw the last half hour and think the second 10 minutes of the 40 may well be the best.

He draws on ideas in his latest book "Free Fall."

He critiques the stimulus bill as too small by at least $400 billion and not focused enough on states and education/training/ He says a second stimulus is needed now to avoid the longterm problems that have plagued Japan since they fell into their liquidity trap.

Later, he pans the proposed "Financial Reform" as woefully insufficient to prevent another financial crisis in a few years, driven by Wall Street's greed to move dollars at the bottom of the financial pyramid up to the top through borderline fraud.