Wednesday, February 17, 2010

Colbert Report--Eliot Spitzer

Here Eliot Spitzer, a former Democratic politician and New York Governor, is interviewing with Stephen Colbert about the current financial system. Spitzer is criticizing the fact that the United States is rebuilding the entire system exactly the same way as it was before the burst. He believes that everyone should be angry that hundreds of thousands of dollars of our tax money are being put to rebuilding the system, rather than investing this tax money in the economy, which needs it more. He declares that we should constrain the banks, for if they receive bailout money and guaranteed federal credit, then they need to lend the money as opposed to the trading and casino economy.

You can watch that clip here on Colbertnation.com .

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