The Daily Show: Yeah, The Banks Own Us
June 16, 2012 2 Comments
While most of the news media can’t keep in mind what happened four months ago, on Thursday The Daily Show reminded us of what happened four years ago.
JON STEWART: Somewhere around four years ago, our economy experienced a cyclical fiscal phenomenon known as a catastrof*ck, when our largest financial institutions began to collapse after making incredibly risky bets, basically using our pension money to gamble on the value of our houses. Because apparently the business of just taking your money and and loaning it out to other people at slightly higher interest rates is just too reliable.
