Perhaps no one sounded the alarm about the bottom falling out on Wall Street more often with more clarity and with more consistency than Danny Schechter.
Schechter not only predicted the fall of The Street but also outlined the reasons why in the months and years leading to the current collapse.
Appropriately timed, his new book, Plunder: Investigating Our Economic Calamity and the Subprime Scandal, came out just as banks began collapsing. And he doesn't believe we're out of the woods yet. The worse may still be soon to come.
Schechter, an award-winning journalist and media critic, will be my guest on News Talk Online on Paltalk.com Thursday October 30. He believes the economy needs to fully collapse. He also thinks the bailout is morally wrong because it helps the wrong people, those responsible for the problem.
On a related matter, Schechter is concerned that those who illegally scammed the system are going unpunished. And he asks a fundamental question. "Can the system be saved from itself?"
To talk to Schechter at 5 PM New York time Thursday October 30 CLICK HERE. There is no charge.
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