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David Stockman on Crony Capitalism and the Link Between Washington and Wall Street

January 25, 2012

Bill Moyers, who I am so happy is back on TV, does an excellent job in this interview with David Stockman, who is a long-time Republican.  I think it is really instructive for people to watch videos like this, and to get informed on issues involving the revolving door between Washington and Wall Street.

Have you ever wondered why tax policy favors the rich?  Do you find yourself pissed off with the fact that Mitt Romney pays under 15% tax on his income because his income is derived from capital gains, rather than through hard work and sweat?  I know I do.  The reason this happens is because our politicians are bought and paid for by big corporate interests and disgusting Supreme Court decisions like Citizens United have only exacerbated this situation.

Please watch the video, think about what is being discussed, and then – let’s all help to do something about it.  A good place is to sign Bernie Sanders’s petition to reverse Citizens United via a Constitutional Amendment.

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