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Published on Wednesday, December 30, 2009 by Democracy Now!
Christmas Presents for Bankers
As 2009 comes to a close, we take a look at the state of the U.S.
economy with economist dean Baker and the Reverend Jesse Jackson.
“After throwing the economy into the worst downturn since the Great
Depression and bringing the whole sector to the edge of collapse, the
financial industry has used its political power to succor itself back
to life,” Baker writes. “It is now stronger than ever.”
© 2009 Democracy Now!
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4 Comments so far
Show AllJesse should bend down to give DEMiserepublicans ALL, a rainbow!
Both interviewees have some interesting input, but Rev. Jackson supports Pres. Obama and can't forget churches, which should be separate from state. I don't see why churches are subject matter in the economic crisis, except in terms of loss and lack of jobs, employment, income, for people in general, which is a problem that has nothing to do with religion and churches. And so-called Rev. Jackson seems quite emphatic about churches.
He should review the words of Jesus about church and state needing to be SEPARATE!
I'm a Christian, but don't expect and don't want any state to look after my parish. I expect the state to be fair in terms of hydro-electric costs and property taxes, but don't see why state would be of other concern. If parishioners can't keep their parish churches going, then "c'est la vie" and the churches need to be closed and sold off.
Separation of church and state!
And what are churches or parishes getting bank loans for? Make due with what is obtained from parishioners, and if it's not enough to keep a parish church going, then so be it.