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Monday, November 8th, 2010

INSIDE JOB

I think this is the first film to provide a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse. Through well-documented research and extensive interviews with key financial insiders, politicians, journalists, and academics, the excellent film traces the rise of a rogue industry, which has corrupted politics, regulation, and academia.
I will confess that I do not understand all the finer points of derivatives and other complicated ponzi-like schemes the money men made up to gamble our money on and meanwhile somehow pocket sky high fortunes for themselves, but I do know they are morally and ethically wrong.  The part I did get was that there  is seemingly not one single honest man amongst all of them, and they will all go to the ends of the earth to avoid being regulated, investigated and made accountable for wrecking so many people’s lives with their greed and dishonest.

It’s another ‘must see’ movie, although it will make you as mad as hell.  And as I sat there stunned and totally horrified about all that I was learning, the real knee to the groin came when I realized that all these perpetrators that got astronomically rich on George W’s watch ARE STILL IN POWER as Obama has taken then in as part of his Team!  The very man who as a presidential candidate promised us faithfully that he would make Wall Street accountable, and yet  now condones the continuance of all their crooked ways.
I actually even felt sorry for Elliot Spitzer who as NY State Attorney was the solitary figure  to actually try and take the bad boys on, and in turn they made sure that his weakness for hanging around in Hotel rooms during the day with ‘ladies’ in a state of undress, was exposed and orchestrated   to ensure that it ended his career.  After watching this excellent documentary I felt totally frustrated and disillusioned (not like Mr Spitzer I must add quickly).  and  still not enough to join the Tea Party, as one actually needs to drink something much stronger than that when dealing with this reality. 
★★★★★★★★★


Posted by queerguru  at  21:13


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