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Truth and Consequences

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LaGreca: Anger Driving the Occupy Wall Street Movement

03 min 00 sec

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Prominent Occupy Wall Street activist Jesse LaGreca explains that in a stale economy, working-class Americans are being forced to make big sacrifices while major Wall Street players have still not been held accountable for the economic downturn they helped trigger. This injustice, says LaGreca, is the driving force behind the OWS movement.
Paul O'Neill: Why We Need an Architectural President

02 min 21 sec

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Former U.S. Treasury Secretary Paul O'Neill argues for a fair, progressive tax system backed by an architectural president who cares more about meaningful financial reform than re-election.
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01 hr 25 min 00 sec

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There are 5 comments on this program

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Previous FORAtv comments:

rocketdog

Posted: 01.20.12, 01:48 PM

Great panel.

jayeinhorn

Posted: 01.05.12, 09:14 AM

Transparency is the first step toward accountability, it seems to me, because the accumulation of wealth by creditors at the cost of the dignity of the individual (saddled with more credit than can be managed) can only exceed a certain level in the dark. Just as there are some chemical reactions that can only take place in the absence of light, there are financial and power transactions that can only take place "in the dark." This program contributes to transparency, and thanks for that! But there is also a moral crisis in the U.S.A. that can't be resolved by looking to a leader or legislation, as the discussants call for. Paul O'Neill's comment that Obama would have done better to face the issues head-on without regard for political fallout implies that an honest and straightforward person, determined to be effective and in full possession of the facts, could not be elected president, even if he already had been once. And this suggests that the American public prefers its dreams and illusions to reality. I'm not sure how we address THAT problem, let alone solve it, but it does need to be formulated, it seems to me, because that is the root of the problem at its most fundamental.

Rondini +

Posted: 12.23.11, 11:44 PM

Thank you for such a wonderful discussion.

-Paz-

Posted: 12.18.11, 05:56 PM

Oh and no we don't need a leader, everyone needs to be their own leader

-Paz-

Posted: 12.18.11, 05:37 PM

What we actually need to do is take the power and the money away fro the banks. One way to do this might be to make it a simple process for individuals to invest in local business and local people. ie the people themselves become the money lenders