Paul Craig Roberts interview on RT BoomBu$t on the revolving door

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TND VideoCast Spotlight: Boom Bu$t

Over the weekend, US Senator Elizabeth Warren admonished President Obama for “catering to Wall Street and dismissing Main Street” following the 2008 recession. In an interview with Salon, Senator Warren argued the Obama Administration protected Wall Street. Not families who were losing their homes. Shes certainly right on the housing front, considering 32% of working-age adults are living in doubled-up households. Erin weighs in.

Then, Erin sits down with Paul Craig Roberts chairman of the Institute for Political Economy and former assistant secretary to the Treasury in the Reagan Administration to talk about bank fraud and the revolving door between Washington and Wall Street.
After the break, Erin talks to Chris Martenson co-founder of PeakProsperity.com to discuss the recent drop in oil prices. Martenson believes oil is only temporarily headed lower because he says cheap oil is in short supply.

RT content reprinted with permission.  Click here for the show website.

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About Dr. Paul Craig Roberts:

Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments. His internet columns have attracted a worldwide following. His latest book, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is now available. His latest e-book, How the Economy was Lost, is available at Counter Punch. Click here and scroll down to order. Dr. Roberts discusses this book in an article published at CounterPunch.org; click here to read the article. To support The Institute For Political Economy, a non-profit organization that supports research, writing and books and Dr. Roberts’ continued effort to educate and inform, click here to donate.

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