If anyone doubts the complicity between the mainstream media and the titans of finance, one simply needed to watch Meet The Press with David Gregory yesterday [9/15/2013]. The seven plus minute segment started with David Gregory stating the obvious: An economy five years ago that was on the brink of collapse is now a high flying economy for the 1 percent and on the brink of collapse for the working middle class.
His guests were then-Secretary of Treasury and past CEO of Goldman Sachs Henry Paulson, CNBC mouthpiece and apologist Maria Bartiromo, and ex-Congressman Barney Frank. Most of the segment was the standard blabber of nonsensical statements on the economy.
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The zinger of the segment however came from Barney Frank’s comment about the bankers. He said:
I do want to add one thing though to your question about those poor beleaguered bankers who have been forced to do so much to keep from not being able to pay their debts, that they can’t lend money. If they really are running businesses that are so stressed that they can’t do their basic work, why are they paying themselves so much money?