'Daily Show' Takes On Financial Regulatory Reform, Explains Dodgy Wall Street Practices (VIDEO)

Right.B'cuz googling your way to self-reinforcement is such a superior method to educating yourself.

Lets now take a moment to talk about the 800 pound gorilla sipping tea on the couch.

I'm referring to the new inequality between 'people' because if 'corporations are people', with no 'natural lifespan' yet they can deliberate with the government about being regulated...'acquiring resources'

No such option for the Citizens (with the shortest lifespan) , like the.. college student, single parent,...

'Natural people' can fail and spend their lives in jail, but corporations get to debate being regulated...indefinitely ? A clear double standard .

Turd in da punch bowl.

Corporate forces have been very successful at resisting a wave of necessary regulations like those that occurred after the Great Depression.

The main difference between that era and this era is that those companies saw how insane everything was and accepted regulation both because they knew it was necessary and because if they didn't, something way worse was coming down the line like nationalization or an uprising with them at the end of nooses. They worked with FDR to stop that from happening.

Nowadays, they're all crooks so they don't give a crap. And they know regular Americans won't rise up against them, not in this semi-police state, and just in case they do they've hired extra security and police protection to ensure their safety. They have a nice centrist, Obama, in office who they play aggressive neutrality with. As long as he didn't fuck with their game they stick with him and if he starts to screw with them they side with the right-wing and start going apeshit about how he's a socialist.

Keep in mind, FDR saved capitalism from something way worse that was going to replace it. In the 30's, that was likely to be fascism. Make no mistake, without regulations, capitalism will kill itself again, this is just the first crisis of many. Similarly, if nothing is done, something way worse than what we're dealing with right now is going to replace it.

Honestly, my mother is a better liar than some of these guys. How is this happening? I haven't seen many of the congressional hearings that have taken place in regards to this topic but I've seen some, and I'm telling you, they're lousy liars!! seriously, holding back grins. unbelievable

financial crisis? what a joke... this entire thigs is a ploy to jack up the interest on the dollar while lowering it's value and rape the people of everything they've worked for. this whole thing is as fake as the economy.

Once again, it takes a comedy show to illustrate the bizzare facts, which we just 'move along' to. Nothing to see here, move along. Isn't that getting old? Why does it take a comedian to point out the wrongs? Are there really no laws to protect us? Sad, sad, sad!

John said it was not a news show, so...........

I think that this was a good, simplified version of what happened. For those who want to be even more justifiably outraged, read the pieces Matt Taibbi has contributed. I don't think it is unfair to call the events surrounding the bailout, the largest and most successful robbery in history. And you, my friends, were the victims.