Bill Moyers Guest Hits the Nail on the Head

Did you see Bill Moyers Journal last Friday evening? I did not but have just caught up with a fairly astounding interview Moyers did. It is with Simon Johnson, former chief economist with the International Monetary Fund. If you have not already seen it I strongly recommend it! Other persons have been saying things like this for months, even years. Up till now these persons have been regarded as highly controversial. That is, they have been saying these things long before September 16, 2008, and even before the so-called sub-prime mortgage crisis. I -- no economist -- have simply been passing these concerns along. So it is significant that the message of Mr. Johnson has finally made it to a national and respected television program.

So I ask you to watch and/or read the transcript. The fact of the matter is there exists a potential for great good for those who can be courageous. It is going to come down to certain individuals who have both intelligence and courage at this time and can act safely and responsibly.

http://www.pbs.org/moyers/journal/02132009/profile.html