Despite the deep embarrassment of his resignation over a prostitution scandal, former New York Governor Eliot Spitzer appeared on Stephen Colbert’s television show last night to provide his understanding of where we stand in recovering from the financial meltdown. Since he also previously served as New York’s Attorney General and was responsible for several significant investigations of financial crimes, his view on the situation is particularly noteworthy. Spitzer summarizes the situation from the start of the interview: "You should be furious because what’s happening is that we are rebuilding the system exactly as it was before." The entire interview is a clear warning that further problems await if we don’t enact new safeguards for the system:

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Eliot Spitzer
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For a review of Spitzer’s previous appearances on Colbert’s show, and especially for a description of the timeline that shows Spitzer appearing on the show on the same day as one of the prostitute visits, the video below is especially helpful. That Spitzer would come back on the show after such embarrassment is commendable and perhaps is a reflection of how important he feels it is to get the word out on how bad the current financial situation has become.

The Colbert Report Mon – Thurs 11:30pm / 10:30c
Spitzer Mashup
www.colbertnation.com
Colbert Report Full Episodes Political Humor Economy
Jim White

Jim White

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