Barnie Frank on the Economy - 'If Banks are in bad shape, why are they paying themselves immense wages?'

http://egbertowillies.com/2013/09/16/watch-ex-congressman-leave-everyone-speechless-on-meet-the-press-video/

If anyone doubts the complicity between the mainstream media and the titans of finance, one simply needed to watch Meet The Press with David Gregory yesterday. The seven plus minute segment started with David Gregory stating the obvious. An economy five years ago that was on the brink of collapse is now a high flying economy for the 1% and on the brink of collapse for the working middle class.

His guests were then Secretary of Treasury and past CEO of Goldman Sachs Henry Paulson, CNBC mouthpiece and apologist Maria Bartiromo, and ex-Congressman Barney Frank. Most of the segment was the standard blabber of nonsensical statements on the economy.

There was Paulson stating that the economy is recovering but at a slow pace. He attempted to attribute that to a tax system that needed revamping. Ironically that is true but for a reason different than what Paulson would agree with. The economy needs a tax system that extracts more from those hoarding unearned money from capital manipulation that is not re-circulated in the economy in the form of wages and reinvests it into the real drivers of the economy, the working middle class.