Those who have followed Kevin Gosztola’s LiveBlog may already have seen this, but it’s worth reshowing. Nobel Economics Prize winner Joseph Stiglitz joined economist Jeff Madrick to provide a short teach in at #OccupyWallStreet Sunday.
“We have too many regulations stopping democracy & not enough regulations stopping Wall Street from misbehaving.
“… The balance of rights has been distorted. We bailed out the banks with the understanding that there would be a restoration of lending. All there was was a restoration of bonuses.”