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Great post. This guy is a hero and a leader and I will look him up.
Oh and the yellow ‘power tie’ is sooooo 80′s
headline should read “Clueless juvenile 15 year old who looks 70 tells CBC to Shove it then Storms off to his Bedroom in a Sulk”
someone should tell this clown the government regulates the country including the banks, if they have a problem then blame Obama.
Occupy Wall Streeters are 99 percent douchebags.
Kinda got it backwards, there pal…the bankers control the government. Go to opensecrets.org and you’ll see that every politician, especially those holding leadership positions in both wings of the one-government party are bribed, bought, and paid for by the banks. They have been for quite some time now.
Yeah! What notatall said!
I thought Chris Hedges sounded intelligent and rational. Kevin O’Leary was rude and accusatory.
How many times have the Tea Baggers claimed that “Government doesn’t create jobs, businesses do.”? So protesting those who sit on $3 billion in profits and are NOT creating any jobs is wrong headed?
OR, are you just in a mood to bash Obama for anything that happens? I’m waiting for the Tea bagger to come forward accusing Obama of rigging his toaster so he can’t toast up a picture of Jeebus.
Good on hedges. I don’t agree with a lot of his politics, but more people need to refuse to talk to those tv clowns. At this point the only audience TV news has are shut-ins who already have their minds made up.
I resemble that remark.
The show Chris Hedges was on is Canada’s CBC network’s answer to FOX news nazi garbage.
I’m surprised he would consider going on that show, the ads for it on CBC are VERY annoying. CBC is in a long spiral descent to oblivion. No longer an unbiased national broadcaster… But for ratings stooping to the tactics of American “news”….
Total garbage.
Good for Chris Hedges for sounding off!
Kind of sad to see CBC buying into the trash news that we have down here in the USA. When I lived near the border and had CBC on my cable system it always seemed like it had pretty good news reporting.
It has been a few years since I’ve seen any Canadian news. They used to be so independent and objective. This is what happens when politics interferes with neutrality.
The man says it all as he rips he ear phone out of his head. “It’ll be the last time.”
Not because because the CBC has any choice about it.
Its obvious that the interviewer had his mind set to minimize and marginalize the Occupy Wall Street movement.
I have no fucking idea how this got on the news except that the actual news director has more integrity than the condescending bastard reading the questions off of the teleprompter at him.
The CBC, Canada’s national news network, actually paid attention to what really is happening.
Chris Hedges clearly has no idea what caused the mess that this economy is in. The reality is that it was caused by a large number of foolish people who got themselves into debt way past what they could afford, then defaulted on repayment and acted like it was the fault of the big banking corporations. Because Fannie and Freddie May were strongly encouraging irrational loans then reselling them to the large banking corporations they created loans that were worthless, which the banks bundled with more reliable instruments and got insurance for them from AIG. With massive mortgage defaults the entire FedGov scheme fell apart, but the directors at Fannie and Freddie made big bucks. The hit was taken by the banks that bought the mortgages from the government. If anyone is to blame it is the Democrats who perpetrated the insanity that everyone has a right to own a home, and everyone else should give them money so that they can buy one. Of course a bunch of Republicans helped out because a lot of their constituents in real estate, construction and mortgage lending (these are the small time crooks) were making big bucks and wanted to see the money machine keep cranking. Home construction provided fantastic jobs for illegal aliens from Mexico and Central America, and big profits for construction contractors.
Be sure to ask all the protesters how much they paid in taxes last year. Did they vote? For whom? Who do they plan to vote for next year? The answers to these questions will tell you what their agenda is.
Sorry pal, but if I cheat you in a deal are you going to take the hit while I walk away scot free?
… Damn right you won’t!
To think that the solution to all these problems lies in which party you vote for, in the current political scene, is somewhat naive. It’s a bit like ordering eggs at breakfast, get them scrambled or get them sunny side up, they’re still eggs, no matter how they are served.
Greetings,
I could spend the next few minutes tearing your argument apart line by line. Everything you said is wrong. Everything.
We are now beyond silly people such as yourself as we know what happened and who is to blame. Now is the time to pick sides or get the hell out of the way. I know what side I am on.
The financial terrorists must be treated as such.
Your whole comment is just lie after lie.
More Tea Bagger fiction. Blame the victims so the uber rich can have a few more dollars.
And by the way, Fannie and Freddie never did make loans. They bought them from the banks and mortgage companies. It was the banks who sold the “diced and sliced” mortgages to the GSEs.
revised list of scapegoats for nationalist socialist revolutions:
bankers/money-lenders/jews
the aristocracy
the boogie man
gypsies
the catholic church
asians
emmanuel goldstein (or equivalent)
If F&F were the only ones giving high risk loans, we would not be in such dire straights. Private banks saw the money flowing and decided to give up on under writing.
People were approved for loans they never should have been given. Mortgage lenders weren’t interested in if a person could pay their loan. I was personally told by a broker that it didn’t matter if I was struggling to pay the interest only loan he was trying to close me on. He said I could just refinance again and again! Fortunately, I didn’t go for the full amount and I am current on my mortgage.
It’s easy to see how people would go all in when the broker or banker is telling you that it will be fine. As for these people standing up for the banks, I guess they’re just masochists.
That was not regular CBC news, that was the The Lang And O’Leary Exchange, a program that reports on the financial markets and the business world. The male co-host is Kevin O’Leary, who insulted their guest by calling him a “left-wing nutbar”, which is okay as long as you preference it with “don’t take this personal, BUT…”.
At no-point did the guest say that corporations need to shut down, he was pushing for accountability, but that didn’t stop Kevin from accusing him of that by outright dismissing the dissatisfaction of the people calling it “nothing-burger” and “low-rent”. Whether the protests will change anything is anyone’s guess, but Kevin’s attitude was insulting and the CBC should have known Kevin is not the person to interview this author.
More on this interview: “CBC ombudsman says O’Leary’s ‘nutbar’ remark violated journalistic standards”, http://www.winnipegfreepress.com/business/breakingnews/cbc-ombudsman-says-olearys-nutbar-remark-violated-journalistic-standards-131876988.html
I am quite certain that the so called ‘demands’ of the protesters are many because frankly the problems are many. So to ask that there be a few specific demands by the protesters is merely asking for a reductionist solution to which corporate/financial interests could easily formulate a smoke screen with some nice words and ineffective changes.
The problems that need to be addressed are many and span many levels of financial, corporate and governmental/political interests. It does not however fully excuse the average citizen from also taking some responsibility for their own actions (be the motivations financial or political). Canada’s banking system has come through this crisis in fairly good shape due to a responsible and somewhat logical level of reasonable financial institution regulation as well as the sane choice of many of the bank directors to acknowledge and choose to not play the dangerous derivatives games that many US and international banks played.
To be extreme in viewpoint for either of these two people (as in the interview) will not yield any solutions but merely sets up a dangerous chess game.
Nanny State, see if you can read this with an open mind. It’s pretty succinct about what the main problem is, and why so many of middle to low wage earners (not bums) are upset.
http://english.aljazeera.net/indepth/opinion/2011/10/2011106141230738325.html
The sheeple are waking up and they say BAAA. Too late. There will not be a jobs surge unless those that run the place turn from their ideology. That is not going to happen. The corporations will not employ Americans. They are consumers not producers. That is the fundament disease of globalization. A new middle class may slowly emerge from Asia but that is too slow to consume. Hence we are finally witnessing the end of consumption.
First of, Kevin O’Leary is an entertaining blowhard on this financial show. He is the pure capitalist, meaning that it is his opinion that the failed banks should not have been bailed out. They should have failed and served as an example. He is the “Simon Cowall” of Canadian financial news. Any person coming on that show should expect nothing less of him.
Anybody who does not support Occupy Wall Street is either someone abusing the system or is a complete moron who deserves to be the one to should all of the bailouts.
well he hardly told them to shove it..
Kevin O’Leary is the John C. Dvorak of CBC… There, that sort of nails it, no?
Rudy Giuliani said got it right. They should have arrested the first person sleeping in the park. Then the second, and so on. It is one thing to protest, but to just stay overnight is ridiculous. If they are homeless they can go to a shelter.
People talk about reparations for slavery and Jim Crow, and I’m sure the mostly white crowd of Occupy Wall Street would parrot that as well. But I think instead of reparations they should do eye for an eye. Let’s have Samuel Jackson turning on Bull Connor’s hoses.
Its called “Peaceful Protest” and its how societies change when they are broken. NO ONE would spend their time doing this if they thought/hoped they had a viable alternative.
VOTING OBVIOUSLY DOESN’T FIX THE SYSTEM!!!
Will the third day of rain and cold stop them? = usually.
THAT was a beautiful thing to see. Chris Hedges is an ex-seminary guy if I recall correctly. Too intelligent for dogmatic non-thinkers, often too religious for me.
Amusing how people run from the truth.
This guy stated he is a fan of Carl Marx. What ever else you want to say about Carl Marx his disciples have demonstrated beyond any reasonable shadow of doubt that Carl Marx knew less about economics than a hamster.
They killed people by the millions implementing his economic polices and turned nations with food surpluses into nations with starvation. Take a good look at North Korea.
The problem with handing all the under people the same pay check is you need to give somebody a loaded gun who will use it to go out and make them work because nothing you, the worker, can do will buy you more than the lowest butt dragging slacker on the job site so all your work force wants to do is get drunk and stay wasted. I base that on Russia. In most other locations the under people couldn’t get their hands on enough booze to get drunk.
Of course the party members normally do a lot better but many of the party elite in the Soviet Union actually grew enough food to feed themselves at there little country cottages that were taken from somebody less worthy.
The only people that thinks this stupidity works are people like our author, Hugo Chavez, Dallas, Congressional Democrats and the mad men running North Korea. You won’t find the Chinese pushing that BS. They tried it and paid the bloody price.
Now they are going for the gold and life for the masses has gotten a lot better.
Of course I’m sure some of you want to bring the joys of Maoest China to the US so all the sane people can do is to try and stop you not for your sakes but ours and those we love.
Do-ill==ever read Karl Marx or just the talking points version?
Blaming Marx for Communist Excesses is like blaming Jebus H. Christ for the child pedophilia passing for holy communion right now. Even if Karl Marx was wrong===he was never for what you are complaining about.
And for saying so, and probably thinking so as well, you deserve the : Shit for Brains Award.
Again–its amusing how people run from the truth.
Stoopid Hoomans.
“The only people that want this ..blah blah blah is..Dallas.. blah blah”
I never said I wanted this. Prove it or that makes you a liar.
Who is Carl Marx? Did you confuse him with Karl Marx?
If you can’t even spell the guy’s name right how the hell can you claim any credibility?
Marx was one of the most influential philosophers of the 19th century. His thinking influenced every nation that came after him. Even Bismark heeded him and instituted universal healthcare in Germany.
But then I guess we could blame Adam Smith for the European genocides against aboriginal populations.