Schechter
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.
Paltalk is the largest multimedia interactive program on the Internet with more than 4 million unique users.
News Talk Online is also syndicated by CRN Digital Talk Radio to an additional 12 million households.
2 comments:
Schechter is always a good guest. I'm really looking forward to his appearance.
I want to know whether things are even worse than they seem. No one seems to be reporting about credit card debit, but isn't that where the problem really is?
I'll be asking Schechter that tomorrow.
Oh no! Not another "the sky is falling" interview.
We already know the economy is in the dumps. The bailout plan was passed whether it meets Schechter's views of how Congress should act or not. Deal with it and give it a chance to work.
The economy will rebound. It always does. Stop with this unpatriotic naysaying.
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