Economic parasites: Wall Street controls everything | Who Rules America? (6/6)

Video Description

The final episode explores the influence of Wall Street, revealing it as a major source of campaign funding in the United States. Robert Weissman from Public Citizen notes the synergy between Wall Street's economic and political power, which has led to the erosion of regulatory controls. Financial journalist Max Keiser describes Wall Street's influence as parasitic, controlling regulatory frameworks meant to govern it. Historian Eric Foner concludes that despite being elected by the people, the government fails to represent or respond to the needs of ordinary citizens. Is a fundamental transformation possible or will moneyed interests continue to dominate the country that claims to be the #1 democracy in the world? ------- Chapters ▷ 00:00 – The power of Wall Street ▷ 02:45 – Regulations & interventions ▷ 06:00 – Debt, derivatives trading, speculation ▷ 08:59 – Financial crisis ▷ 12:52 – 2012 United States presidential election ▷ 14:19 – Betting against success ▷ 17:01 – Parasites in the economy ▷ 20:56 – Conclusion ▷ 24:29 – Credits #documentary #politics #america #democracy #campaignfinance #wallstreet #history #power #globalisation #billionaire #greatrecession ------- Watch more episodes of this series: https://www.youtube.com/playlist?list=PLWVVAnwn1SjAd7AL7zfO5-VXuXLUMrXKu Subscribe to wocomoDOCS: https://goo.gl/sBmGkp Follow us on Facebook: https://www.facebook.com/wocomo ------- Six decades after C. Wright Mills ignited a fierce debate with his seminal work "The Power Elite," investigative reporter and filmmaker Danny Schechter, delves into the continuing clash between the country's wealthy 1% and the broader 99%. In his series "Who Rules America," Schechter explores how the dynamics of power in the U.S. have evolved, influenced by the expansion of military and corporate influence, powerful media networks, and the dominant role of Wall Street and big money in politics. The documentary features scholarly experts, advocates, activists, lobbyists, financiers, and members of Congress discussing issues mostly ignored by mainstream U.S. media. Original Title: The Power of Wall Street | Who Rules America? (6/6) A series by Danny Schechter © 2012, Licensed by Sideways Film ------- Documentaries about politics, society and science produced by leading studios around the world. Our goal is to be a reliable source of high-quality information and investigative journalism for a better understanding of relationships, backgrounds and future developments. Check out our other channels to watch high quality documentaries: ▷ wocomoHUMANITY: https://www.youtube.com/wocomoHUMANITY ▷ wocomoWILDLIFE: https://www.youtube.com/wocomoWILDLIFE ▷ wocomoHISTORY: https://www.youtube.com/wocomoHISTORY ▷ wocomoTRAVEL: https://www.youtube.com/wocomoTRAVEL ▷ wocomoCOOK: https://www.youtube.com/wocomoCOOK Wocomo DOCS is part of the Wocomo channel network by NIKITA VENTURES. Wocomo - wonderful content in motion.