An inside Job-- movie review

[editec]

source

“Inside Job,” a sleek, briskly paced film whose title suggests a heist movie, is the story of a crime without punishment, of an outrage that has so far largely escaped legal sanction and societal stigma. The betrayal of public trust and collective values that Mr. Ferguson chronicles was far more brazen and damaging than the adultery in Nathaniel Hawthorne’s novel, which treated Hester more as scapegoat than villain.
The gist of this movie, which begins in a mood of calm reflection and grows angrier and more incredulous as it goes on, is unmistakably punitive. The density of information and the complexity of the subject matter make “Inside Job” feel like a classroom lecture at times, but by the end Mr. Ferguson has summoned the scourging moral force of a pulpit-shaking sermon. That he delivers it with rigor, restraint and good humor makes his case all the more devastating.

Perhaps a more digestable way for some of you folks to get a grasp of what an amazing set of dunderheaded moves it took to crash our economy.

I particularly advise those of you who cling to your desperate partisan POVs to consider watching this movie.

Both American political parties are indicted; “Inside Job” is not simply another belated settling of accounts with Mr. Bush and his advisers, though they are hardly ignored. The scaling back of government oversight and the weakening of checks on speculative activity by banks began under Reagan and continued during the Clinton administration. And with each administration the market in derivatives expanded, and alarms about the dangers of this type of investment were ignored. Raghuram Rajan, chief economist at the International Monetary Fund, presented a paper in 2005 warning of a “catastrophic meltdown” and was mocked as a “Luddite” by Mr. Summers.

As I have been saying over and over again, it took the collective minds and wills of leaders in both parties, and the collective indifference of most of America's capitains of the banking and finance industries to create this cockup that threatens the entire world finances.


Perhaps this film will help some of you get that.


Of course there are various books that will tell you the same thing in greater (and more painful) detail, but as it is apparent that few of read that sort of tome, this movie might be informative.

Folks we have got to stop depending on political parties, government or corporations to look out for our interests.

They are essentially the SAME DAMNED PEOPLE and they truly do not give a rat's ass what happens to us down here on Maine Street.