#OccupyWallStreet Calls For a Public Option in Banking
October 14th, 2011 | Currency, D.I.Y., banks, crime gang, Michael Hudson, occupy, public bank, Real News Network, utility
by hellaD | 1 Comment »
Michael Hudson speaks about the #OccupyWallStreet movement and why there is as call for a public bank option. This is not a full transcript of his speech but highlights key points that he makes:
The government is in the hands of a financial lobby.
The 99% are disgusted with politician’s being for sale to the highest lobbiest. We’re disgusted with debt overhead and we’re disgusted with administrators…. The system doesn’t work.