Tuesday, November 6, 2012

Exploration 8

During the documentary a lot of questions came in to mind. Knowing that this happened and it was very big for us, we didnt have no power to stop it. In 2008, we went into global recession with million dollars in debt.
In the documentary all this went on with no one getting in trouble till all of the sudden CEO's were getting caught red handed but they wouldnt admit it. People went to jail for fraud such as Charles Keating. Today, the people who were in with the bankruptys or in us having debt never really got in trouble and if they were able to hide that they werent involved. People who were with the banks and in AIG now became part of higher positions because Obama put them there. Now we are in further debt becasue Obama doesnt know what he was thinking putting people in those positions.
http://www.sonyclassics.com/insidejob/site/#/events

3 comments:

  1. I agree with you on this except Obama wasn't the only one who appointed corrupt officials. I'm pretty sure Bush and Clinton were mentioned as well. It is all about greed.

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  2. I agree with you but the thing is that even though the coruption has been there as far back as clinton we cannot blame this on any single administration.

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  3. you can't just blame on person. the debt has gone back farther than Obama. I see what you are trying to say though. people see the corruption and they continue to let that person there. you cant just blame one though

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