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Watch "Inside Job" - The Wall Street Horror Movie, For Free

Tyler Durden's picture




 

Courtesy of Open Culture, Inside Job, the scariest Wall Street "horror movie" ever produced can now be seen for free. Charles Ferguson's masterpiece is a must watch for anyone and everyone who has even a passing interest in the intersection of finance, economics, politics, corruption, crime, complacency and above all, the human inability to predict the future when the only driving force is pure greed. And as Open Culture notes, "Inside Job can be purchased on DVD at Amazon.
We all love free, but let’s remember that good projects cost real
money to develop, and they could use real financial support. So please
consider buying a copy." We can only hope that more commentators ilke Ferguson will step up and present the criminal events leading to the greatest economic and market crash since the Great Depression.

Open Culture's brief commentary is most appropriate:

Hopefully watching or buying this film won’t be a pointless act, even
though it can rightly feel that way. As Charles Ferguson reminded us
during his Oscar acceptance speech, we are three years beyond the Wall
Street crisis and taxpayers (you) got fleeced for billions. But still
not one Wall Street exec is facing criminal charges. Welcome to your
plutocracy…

 

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Sun, 04/03/2011 - 14:32 | 1130061 Escapeclaws
Escapeclaws's picture

Thanks for your generous offer to set me straight, but I prefer confusion and fear certainty.

Sun, 04/03/2011 - 16:29 | 1130304 btdt
btdt's picture

live

 

groundhogday

 

tomorrow

Sun, 04/03/2011 - 20:16 | 1130802 docj
docj's picture

Heh - you're a good sport.  Good to see, and well played.

Cheers -

Sun, 04/03/2011 - 10:52 | 1129665 TaxSlave
TaxSlave's picture

@ZeroGovt;

+1913

Very well said.

Sun, 04/03/2011 - 11:26 | 1129706 Miss anthrope
Miss anthrope's picture

The answer is for all of the bonuses to be paid back.  And all those trillions that those ceo's walked away with to be confiscated.  When the bailout happened I called my congressmen 24/7 on saying NO WAY.... that was when I know that we are not a democracy any more.  The bailout is still a fraud and bogus and all of the people who voted for it are traitors and need to be tried and convicted of treason!!!  Every single regulator who voted to give money to the bailout should go to prison.  Those banks should have had to file bankruptcy just like everybody else who goes BROKE.  This is FREE MARKETS.............. and this is also what we don't have any more. Then you end the Fed and that would be a good start anyway.

Hey where's Rocky?

Sun, 04/03/2011 - 14:08 | 1129994 Mr Anderson
Mr Anderson's picture

The bailouts shouldn't have happened. The fed shouldn't have opened up the discount window to banks with shitty collateral. They did, the system kept puttering along and you hate them.

Now think, If they hadn't bailed out the banks. Would your debit card from JPM keep working. Would the commerical paper market collapsed? Would oil have been delivered to your gas station? How about food to your supermarket? Would cars continue to be built?

If the commerical paper market dried up overnight and my local gas station couldn't borrow money to refill their storage tanks, we would have been in a whole different world. In 3 days the storage tanks would be empty and you would have ~300 miles before the world became a very large place again.

Now thank the Govt for bailing the banks out so you could enjoy our happy little utopia for 3 extra years. So your 201 K became a 401 K again. Hopefully you were smart enough to liquidate that worthless 401K and purchase real assets with it. (gold/silver, food, seeds, fuel).

Just remember, the implosion of the banking sector was not stopped, only transferred to the govt.  Next we will have the government bubble burst with all the leverage of the financial crisis behind it. 

When it happens please do not expect any help from the federal govt, (FEMA) or even your State Govt.

Instead look to your community and your county. This will be a very bumpy ride, but be thankful that you have been given 3 years to enjoy your coffee, American Idol, and to prepare.

Sun, 04/03/2011 - 19:50 | 1130716 fallst
fallst's picture

They knew money market withdrawals would crash commercial paper, fraudsukka shillboyy.

Sun, 04/03/2011 - 20:48 | 1130878 i-dog
i-dog's picture

Very well put, Mr Anderson.

Ignore his advice at your peril, people!

Sun, 04/03/2011 - 13:05 | 1129875 superflyguy
superflyguy's picture

completely agree with you, video is pure crap

Sun, 04/03/2011 - 01:29 | 1129298 iamse7en
Sun, 04/03/2011 - 01:52 | 1129316 NorthenSoul
NorthenSoul's picture

Is that so?

Sun, 04/03/2011 - 01:53 | 1129317 Zero Govt
Zero Govt's picture

good article because it boils down the problem to its real root cause, central monopoly banking and its easy credit creation and easy money policies

Icelands problems were the exact same problems throughout the West, given too much easy money to play with by central bwankers

Sun, 04/03/2011 - 02:20 | 1129344 lasvegaspersona
lasvegaspersona's picture

I wonder if Matt Damon internalized the script. He seems to be a solid D. I wonder if he knows his fellow Ds are the main Wall Street contributors to advocate for the status quo. I realize many Rs are equally dirty but ...

Sun, 04/03/2011 - 02:49 | 1129364 Creepy Lurker
Creepy Lurker's picture

I agree with your observation. The left bias is clear. (Not that I'm a big fan of the R's either.) When I saw Barney Frank, one the bigger advocates for deregulating mortgage lending for the purpose of 'making homwownership accessable to lower income earners and minorities' pontificating on evils of Phil Gramm, I felt nauseated.

Sun, 04/03/2011 - 02:22 | 1129347 htp
htp's picture

The film is a good start at uncovering Wall Street and Washington corruption, but as far as substance, it barely scratches the surface.

For one thing, it gives audience the misleading impression that damage of this corruption was largely a one time event which happened in 2008: fall of the stock market, Americans losing their homes, Chinese losing their jobs, etc., implying now that stocks have recovered, foreclosure is stopped and China is booming again, things are fine.

The corrupt system is still in place. The issue is not merely those who have stolen didn't go to jail, but that they are still stealing today, with increasing audacity.

Sun, 04/03/2011 - 17:09 | 1130405 In Fed We Trust
In Fed We Trust's picture

If the cartel crashed the markets, as I believe, then a movie like this is a complete cover up. If they convince you that 2008 was a black swan, they succeeded. 

The fact the stock/oil markets are back to 2008 levels is another indication, that 2008 was just "house cleaning" cutting a few renegage members of the feds tit, namely Lehman. 

The Goldmans and the JP's profit very well when the market swings like it did in 2008, especially when they have advanced knowledge. 

As long as the public never figures out that these crashes on done on purpose, they could care less what you think of them or their business practices. 

So movies like this serve the cartel well, keeping the public duumbed down to the true crimes/treason being committed by the fed.

 

Sun, 04/03/2011 - 18:17 | 1130541 Zero Govt
Zero Govt's picture

hardly a 'black swan' event when in fact it was property and derivatives trading that brought down AIG and Lehmans, both bled dry by the usual vampire squids of Goldman Sachs and JP Morgan et al.

Didn't Goldman Sachs suck AIG dry by getting a regulatory change that forced AIG to settle contracts on a monthly rather than annual basis?

Hardly a black swan, more like deliberately planned regulatory rape

Sun, 04/03/2011 - 02:41 | 1129360 Creepy Lurker
Creepy Lurker's picture

I'm watching the movie. At 1:07:37 they discuss the Lehman bankruptcy. The claim is made that Paulson et al "didn't understand the resulting effect of bankruptcy laws in other countries" and had no idea this would cause financial business around the globe to come to a screeching halt.

I call BS. This was the excuse for the first TARP, and set the precedent for all the bailouts that followed.

Sun, 04/03/2011 - 03:23 | 1129383 ZeroPower
ZeroPower's picture

+100

Those guys in Washington have the most overpaid lawyers specializing in securities laws, and youre telling me they overlooked the fact that the UK has different bankruptcy laws??

Lehman failure was for TARP, as well as an excuse to "never let another fail" i.e. save AIG, which of of course meant giving GS 100c on the $ on their CDSs through AIG.

Sun, 04/03/2011 - 09:30 | 1129594 Crassus
Crassus's picture

Word on the street in '08 was that Lehman got payback for not participating in the LTCM bailout.

Sun, 04/03/2011 - 11:48 | 1129741 Greater Fool
Greater Fool's picture

Lehman put up $100m to recapitalize LTCM. Bear did not participate.

Sun, 04/03/2011 - 11:53 | 1129757 chindit13
chindit13's picture

It was Bear Stearns who did not help bail out LTCM.  Jimmy Cayne was against it. 

Sun, 04/03/2011 - 15:02 | 1130134 Crassus
Crassus's picture

Correct. My mistake

 

Sun, 04/03/2011 - 16:53 | 1130361 ZeroPower
ZeroPower's picture

Clearly you were "on the street in '08"

Sun, 04/03/2011 - 17:20 | 1130436 In Fed We Trust
In Fed We Trust's picture

Hank Paulson was quick to say that Lehman would have failed anyway, because of their "$54 billion in hard real estate holdings."

So Lehman either pissed the cartel off for being so much in physical real estate, or the cartel, saw a chance at a "liquidity squezze on Lehamn.  Like a pack of sharks, they went after Lehman, just like Semgroup.

The cartel knew this would tank the markets. No problem. Buy CDS coverage on our own bank, and watch the market tank.

Hank Paulson on the sidelines screaming "oh, no we cant do this, or we cant do that becasue it will spoook tghe markets. I think he was referencing the discount window cover up at the time.

But it was apparent that Hank really wanted the markets spooked, because every time he open his mouth, the markets tanked. Especailly when he announced a short sale frezze on banks.

I bet you GS and JP were pertfectly hedged, in terms of their own falling stock price, and other members during the crash. 

I wish they made public, each banks position, at the end of each quarter, but that would just make it all to easy to see the conspiracy.

 

Sun, 04/03/2011 - 03:07 | 1129372 Boxed Merlot
Boxed Merlot's picture

G. Soros-“Dance until the music stops”…

Has it stopped?…

For me personally it has. Now what?

The hope you promote for me is gone; I believe your $ investment in the current presidency’s bumper sticker of “hope” is a lie. As a citizen of the US, I hope you’re off shore. Decentralized ownership is the hope now. Your vision of the US populace’s servitude to/for you is ill conceived and with any answer to prayer will result in absolute defeat!

150 years from now we’ll all be sitting around laughing about all this stuff we thought was so important. I hope to see you then!

BM

Sun, 04/03/2011 - 03:26 | 1129385 Deepskyy
Deepskyy's picture

For Matt Damon, a well known Hollywood "insider" to put his name on this movie and step outside and narrate this movie says a great deal for his character.  I already liked the guy, I have now gained a great deal more respect for him.

 

Sun, 04/03/2011 - 16:19 | 1130287 dark pools of soros
dark pools of soros's picture

and does anyone else have the feeling they snookered Jeffery Lurie into bankrolling this film?  Figured no one else would touch it, they probably pitched it to him as some high-speed hiest movie with Tom Cruise

 

any Eagle fan would understand...

Sun, 04/03/2011 - 03:38 | 1129390 Deepskyy
Deepskyy's picture

People, lose the left/right bullshit.  Look at the facts.  From 18:00 in to 25:00 it is case after case of criminal activity.  Criminal activity that would lock you and I up for a long ass time had we been convicted of 1/100th of what the Banksters SETTLED for.  THEY PAID THEIR WAY INTO A NOT GUILTY VERDICT! 

Sun, 04/03/2011 - 04:03 | 1129400 Deepskyy
Deepskyy's picture

There was a time in this country where the clear criminals who have perpetrated this mass theft of American wealth would have been hung or shot, then their bodies left out in the public square as a stern warning to those who would dare continue to perpetuate these crimes.  Now we pay more attention the idiot box and what new treasures it brings us, all the while TRILLIONS of wealth have been STOLEN from the general American citizenry and given to a bunch of lying vampires.

 

We once went to war against Japan for attacking our harbor and Navy in Pearl Harbor.  The damage done on that day was miniscule compared to the attack from within by a select group of terrorists in the guise of "financial gurus" and yet the sleeping giant continues to slumber.  What will it take to wake you again O great giant?  I pray you awake before it is too late. 

 

I say this in no way to discredit anyone who served in any war.  I salute every veteran who has ever lived.  But it is time for the average American to become a soldier.  Fight America, Fight.  Fight for what is left of your wealth.  Please do this before we are all doomed.

This movie has made me physically weep.

Tue, 04/05/2011 - 14:46 | 1138038 Two Face
Two Face's picture

Unfortunately, the body does not fight its own cancer cells.

Sun, 04/03/2011 - 05:26 | 1129440 Deepskyy
Deepskyy's picture

Junk me for the reference, but Judas sold Jesus of Nazareth for 30 pieces of silver. He later hung himself for his sins. For 30 pieces of silver, the blood of a single man was on his hands. How much blood must be on the hands of these economists, banksters, and the FedReserve charlatans, and at what cost?

Judas is seen as one of the most evil men in the history of mankind, and yet these thieves are paid in the millions a year.
Dante portrays Judas on level with Brutus and Cassius. For eternity, they are gnawed upon by the gaping maw of Satan himself.
How then will these betrayers be treated in Hell once they arrive?

 

Edit:  Alcohol consumption and exhaustion, both physical and mental take a toll on my ability to spell.

Sun, 04/03/2011 - 11:38 | 1129724 Miss anthrope
Miss anthrope's picture

I don't see one thing worthy of junking here........ and I also don't see any spelling problems........ CARRY ON THEN

Yes, Fight America Fight.  Fight for those who didn't when the federal reserve act passed and the IRS was established and no one stood up

Fight for those who stood by when the gold was confiscated

Fight for those who tolerated precious metals being removed from our currency.

Fight for when Nixon closed the gold window

Fight for the cabal who took control under the UN. and signed China as most favored nation.

Fight for those who stood and watched GATT and NAFTA instituted.

Fight for all those innocent looking school boys who sit up there in their yachts and look down to the cannon fodder below.

Fight, America, fight

 

We have lost so much for so long

Sun, 04/03/2011 - 19:59 | 1130765 augie
augie's picture

Can't junk you for the reference, but you should read the gospel of thomas or the gospel of judas before you believe what the bible tells you about judas and for that matter christ... Religion is a difficult thing to discuss without emotion so i will leave it at that. If you are interested in a view of christ absent of human motives, Check out some of the coptic translations of the deadsea scrolls.

 

http://www.earlychristianwritings.com/thomas.html

 

http://www.nationalgeographic.com/lostgospel/_pdf/GospelofJudas.pdf

Sun, 04/03/2011 - 20:03 | 1130767 augie
augie's picture

I suck.

Sun, 04/03/2011 - 05:50 | 1129455 QEsucks
QEsucks's picture

Thank-you Tyler.

Sun, 04/03/2011 - 08:15 | 1129535 ciscokid
ciscokid's picture

Americans are wimps to allow all

this to keep happening.They know how to go

and bomb the shit out of foreign lands

while their country is rotting to hell.

I really pity the US people,hope

they wake up soon to reality.

Sun, 04/03/2011 - 08:13 | 1129537 scratch_and_sniff
scratch_and_sniff's picture

"human inability to predict the future when the only driving force is pure greed"...how does one regulate such a force of nature?  The function that has played a key role in our evolution, keeping us alive and prospering, making hay while the sun shines. Greed works like a number generator i suppose; you give it a number and it gives you a bigger one to focus on. Its like trying to regulate jelousy, its not going to happen. Regulation is a abstract construct, hence it hasnt got a leg to stand on, and will always be playing catch up.

The fight against greed is a good one, but its written in the stars as to who wins.

Sun, 04/03/2011 - 08:27 | 1129543 ciscokid
ciscokid's picture

What happened to your system of

law?All these guys could be put behind bars

for the rest of their freaking lives.

All the charade of bringing to Capitol

hill and asking them questions is just

a joke while they walk out free and

protected.Catch a thief stealing a loaf of bread

because he is hungry and see how fast

he is put in jail.The USA is more corrupt

than a third world banana republic.

Sun, 04/03/2011 - 14:21 | 1130031 Mr Anderson
Mr Anderson's picture

Don't forget, the bankers went to Washington. Lobbied and passed laws that allowed them to do what they did. In many instances the worst atrocities were legal. The bailouts were legal. The FED and their POMO is legal.

I think it would be perfectly legal to pass a law stopping the U.S. Bureau of Engraving and Printing from not sending any more U.S. currency to the federal reserve. It would be perfectly legal to require all banks to keep a currency reserve of 20%. (whoa the de-leveraging action that would create).

The government can't do these things because it would help to send interest rates higher, and the yields on the Treasuries would quickly become to great to handle).

 

Sun, 04/03/2011 - 08:55 | 1129570 Welfareisfraud
Welfareisfraud's picture

When his proposed "solution" is so fucking stupid, I am not really inspired to watch the film. Hands up for anyone betting that his economic analysis will be equally retarded and little more than rah-rah antics for the "soak the rich" crowd?

Sun, 04/03/2011 - 10:08 | 1129623 jomama
jomama's picture

you mean his alluding to the fact that a lot of the fraud that occurred is flagrantly illegal and holding them accountable for it?

when the income disparity is the largest since the great depression you had better fucking believe it's time to 'soak the rich'.

especially those who made a fortune committing such crimes.

Sun, 04/03/2011 - 10:43 | 1129658 TaxSlave
TaxSlave's picture

Way to snap at the red herring bait.  Yes, they are criminals.  Enjoy burning them while your masters create the next wave.  Heads they win, tails you lose.  Anything to keep your eyes off the ball -- central banking to keep you running on a treadmill of debt, with regulatory democracy to give you false hope that they won't do it again, this time.

Cripes, it's like Lucy and Charlie Brown with the football kick-off.

Sun, 04/03/2011 - 08:54 | 1129573 MSimon
Sun, 04/03/2011 - 10:04 | 1129622 Debtless
Debtless's picture

I just don't understand why Americans who continue to witness justice turning a blind eye to wall street do not take up arms and deliver that justice themselves by whatever means they can find.

Sun, 04/03/2011 - 10:12 | 1129628 jomama
jomama's picture

because in their minds, they are chasing that same carrot?  

complicit if they can just get a slice of that pie for themselves?\

some of the best scams in the world are born in america, and rarely prosecuted.

Sun, 04/03/2011 - 10:24 | 1129638 ciscokid
ciscokid's picture

Quite right you are Sir.

Wonder why they did not ask the Isreal

goverment to send back the billions that Madoff

sent over there.

Sun, 04/03/2011 - 11:15 | 1129686 linrom
linrom's picture

Correct! One of the things that the movie did not show was the number of insiders that shorted shares of their own companies, mortgages, financials etc, or the number of Americans willingly trying to flip houses. Most Americans are complicit dupes--just dangle a carrot(job upward mobility) in front of them.

 

Sun, 04/03/2011 - 11:27 | 1129707 TaxSlave
TaxSlave's picture

Most Americans are complicit dupes--just dangle a carrot(job upward mobility) in front of them.

And then appeal to envy and hatred for those who won at the game, get them to toss the last remnants of their own freedom onto the pyre.  Play the game, rah rah rah for our side, you lose, so burn those who won unjustly at the stake.  Those who built the arena and own the playing field sit back and laugh.

At you.  Those who won don't have the power.  Those who lost have the power.  And it is being manipulated oh so easily by those who can punch a number into a database and transfer your wealth to any patsy they choose, for whatever reason.  They got you coming and going.  Reach for the gold ring of unearned wealth, if you don't make it you can join the mob calling for the heads of those who did.  Take either side.  Just so you don't notice that you're a player in someone else's game.

Here's a better film snippet to watch: The Story Of Your Enslavement.

http://www.youtube.com/watch?v=Xbp6umQT58A

"Inside Job" is a transparent ploy to get you to attack the other farm animals.

Sun, 04/03/2011 - 11:39 | 1129725 linrom
linrom's picture

I don't need to be lectured by a useful idiot or a shill.

Sun, 04/03/2011 - 12:04 | 1129772 TaxSlave
TaxSlave's picture

I don't need to be lectured by a useful idiot or a shill.

Name-calling.  Nice confession.

Sun, 04/03/2011 - 20:54 | 1130889 jomama
jomama's picture

i wouldn't go so far as calling it a ploy, but it could be an unintended, convenient distraction.

Sun, 04/03/2011 - 13:19 | 1129894 Miss anthrope
Miss anthrope's picture

Because we are at war........the war is between the slaves and owners.  It is impossible to just round them all up and surround them for execution.......... no, the way forward for the warriors of freedom is in their small circle of influence, for in that circle you find the battles which rage on against the true masters......... each battle is identified more clearly as the situation progresses.  As more people are awakened to their slave status and stand parenthetically outside the control grid....... those newly awakened will bring new power and new ideas to capitalize on the new battles that will be identified before them.  To WIN  a war, you must first have the victim with cognizance of his circumstances,  then those cognizant become aware of the fight within and how to bring that fight to  BEAR  each day in myriad battles.  At some point, one day, when no one exoects it there will be a victor.  Pray let it be the victor who realizes that freedom is the only thing worth living or dying for. 

 

Fight, America, fight...... Search carefully for those battles that are uniquely before YOU and use the cunning and intelligence that still remains, must remain there, our freedom must truly be fought for again , each day, so that it can be handed over for the next generation to defend. 

 

Fight America, they may even think they are winning but if we must die, die with honor!!

Sun, 04/03/2011 - 16:12 | 1130272 Miss anthrope
Miss anthrope's picture

that's not the way the founding fathers won, that would be like asking them to stand in a row in front of the king's army.  Non.... it was won by guerilla warfare.  You must search carefully and determinedly for all weapons in front of you and at your disposal that frees yourself from the slavery in which you find yourself.

This is a war......... and it will be fought with MANY  LONG   BATTLES, sustained battles, small battles, many many battles.  We must fight back with the same weapons that we are fought WITH.

 

That is the answer

Sun, 04/03/2011 - 10:33 | 1129648 augie
augie's picture

What a porn star thinks about the movie. this is relevant because

60,000 people follow her on twitter, she runs her own business even if it is porn. Extrapolate that into real terms you can bet a signifcant portion of the country shares this view; porn star or small business owner.

http://xoxojoannaangel.com/2011/03/joanna-angel-the-airport-movie-critic/

Sun, 04/03/2011 - 10:50 | 1129662 TaxSlave
TaxSlave's picture

Reminds me of Molly the pony in Animal Farm.  Talk about focusing on essentials!

Sun, 04/03/2011 - 11:29 | 1129711 augie
augie's picture

Blithe disconcern.

Sun, 04/03/2011 - 12:52 | 1129852 Central Bankster
Central Bankster's picture

Let me summarize her critique:

 

This film is too confusing for me to follow and so the only conclusion I can draw is that I was bored.  Additionally, I am not certain if this film is factually accurate because they didn't interview enough government officials of whom I recognize.

Sun, 04/03/2011 - 10:55 | 1129666 digalert
digalert's picture

For all the banksters, legislators, bureaucrats, CEO's and even Fed Reserve bank presidents. I have a plan where they can all git mo. Yes, git mo on a tropical island paradise. Guantanomo Bay, Cuba (GITMO)

Sun, 04/03/2011 - 10:59 | 1129669 Yancey Ward
Yancey Ward's picture

This would be a more satisfying documentary if I didn't know that the makers goals weren't the harnessing of modern finance for their own socialist goals.

The people need to wake the fuck up and reclaim their fucking freedom from financial firms and the fucking government.  This documentary only wants to increase the latter at the expense of the former, and every one else.

Sun, 04/03/2011 - 11:38 | 1129727 margaris
margaris's picture

for those who have problems watching the movie. You can officialy download it here:

http://www.archive.org/details/InsideJob2010

 

Sun, 04/03/2011 - 12:18 | 1129791 Central Bankster
Central Bankster's picture

The biggest problem with this film is constantly discussing "regulation" as a solution.  Let me make the argument that regulation is what has destroyed the market mechanisms that discourage irrational risk taking. 

 

With regulation, you are essentially asking a (supposedly) non-interested 3rd party to make a market risk assessment.  IE, interest rates "should be X" or loaning money to party Y is too risky/no risk, or in anyway dictating the terms of loans that can possibly be issued.  Furthermore, regulation did infact force lenders to make loans available to non creditworthy parties because regulation had removed the risk to the issuing party.  This could NEVER happen in a free market banking system.  So you see, regulation IS one of the causes irrational market behavior.

 

Finally, the issue of a non-interested 3rd party determining the "market" for credit/debt leads to the abominations such as Fanie Mae or the bond rating agencies.  The truth is that there is only the illusion of non-interest by these third parties, and like them regulators are also politically interested parties who are equally prone to making poor market risk assessments.

Sun, 04/03/2011 - 12:40 | 1129823 TaxSlave
TaxSlave's picture

We need to put our faith in the state, so the creation of air-money can continue unabated, transferring the last of our wealth to the parasites and predators.

Sun, 04/03/2011 - 12:59 | 1129868 Central Bankster
Central Bankster's picture

 The end game is all the real producers are disincentivized to create further production, the size of pie shrinks, and the looters try to increase their slice further- you end up with social unrest.  The evidence of this happening in real time is quite easy to see, if one is not completely blinded by hope.

Sun, 04/03/2011 - 16:13 | 1130277 Miss anthrope
Miss anthrope's picture

Yes, Ayn Rand wrote a novel about that . "Atlas Shrugged".  you should read it

Sun, 04/03/2011 - 19:32 | 1130699 zaknick
zaknick's picture

Wrong.

Read Murray Rothbard on Ayn Rand as well as his history of money and banking in the US.

Please, GET A CLUE. You are regurgitating bankster Kool-Aid.

Sun, 04/03/2011 - 19:39 | 1130712 zaknick
zaknick's picture

Wrong.

Read Murray Rothbard on Ayn Rand as well as his history of money and banking in the US.

Please, GET A CLUE. You are regurgitating bankster Kool-Aid.

Sun, 04/03/2011 - 22:26 | 1131098 TaxSlave
TaxSlave's picture

Murray Rothbard is a great read.  Too bad he didn't like Ayn Rand.  She was RIGHT.  I like them both.  Atlas Shrugged was meant to be a warning, not a prophecy.  Too bad it turned out to be prophecy.

Sun, 04/03/2011 - 13:32 | 1129920 TheMerryPrankster
TheMerryPrankster's picture

Regulation has worked in the past and could work now. It ain't rocket science, regulation only works when there is a severe consequence to not following regulation. Why drive 55? Cause if I get caught driving 80mph I pay 400 dollars. If I get caught 4 times, I lose my license. Pretty much motivates me to hover around the legal limit, plus or minus 10mph.

For financial regulation to work, there has to be much more than "fines" as a risk, otherwise it merely gets added to the cost of doing business. Jail time, real jail time, in real jails, not 30 days in minimum security. 10 or 20 years at hard labor, even capital punishment for capital crimes.

You can go to jail in this country for years for owning to much marijuana, but if you destroy peoples futures and rip off the savings of the elderly, you pay a couple of million dollars, not out of your pocket, but out of the earnings of your company, ie the shareholders pockets.

 

The point is regulation with out severe and personal penalties, is worthless.

Sun, 04/03/2011 - 14:29 | 1130057 TaxSlave
TaxSlave's picture

The point is that the market deals out severe and personal penalties waaaay better than bought-off regulators paid with free money do.  Fraud in the form of paper money and a gun wielded by unaccountable government are a perfect formula for the disaster that is unfolding, and a dodgy paradigm to bet your future on.

Sun, 04/03/2011 - 12:40 | 1129830 SilverFiend
SilverFiend's picture

"Law and order exist for the purpose of establishing justice and when they fail in this purpose they become the dangerously structured dams that block the flow of social progress."

 

Martin Luther King

Sun, 04/03/2011 - 12:52 | 1129850 bb5
bb5's picture

Thanks for the link, Tyler!

Sun, 04/03/2011 - 12:55 | 1129857 RafterManFMJ
RafterManFMJ's picture

Ordered a BluRay for me, and a DVD to pass around. 

Sun, 04/03/2011 - 13:06 | 1129879 Brokenarrow
Brokenarrow's picture

Have you eve heard of The Star Chamber? It was an ENglish instutution that preceeded the Federal Grand Jusry system in the US. The way it worked was the citizenry came for those who were responsible for crimes against the community.

 

Im afraid to post anymore. Yesterday, in NYC a "art teacher" was arrested and held on $100K bail for making "terrorist threats." Her studenst were interviewed and charactehized her as "wonderful."

Sun, 04/03/2011 - 13:24 | 1129903 Bob
Bob's picture

The problem with the Star Chamber was a lack of procedural protections and due process.  It was a mechanism for inquisitions under false color of meaningful law. 

Sun, 04/03/2011 - 13:40 | 1129934 TheMerryPrankster
TheMerryPrankster's picture

Sort of like the Patriot Act? The one where anyone, even a U.S. citizen can be declared an "enemy combatant" and held indefinetly without charges or bail, without notifying anyone. The law that makes it legal to search your home without a warrant while you are not home and does not require notifying you.

The one that allows warrantless wiretaps of your email and phones?

Justice for all was a concept of the 20th century. Justice is now a tool of oppression and control by those in power against all who would remove them.

Sun, 04/03/2011 - 14:46 | 1130089 Bob
Bob's picture

Ugly times indeed.  Medievalism in a fashion-forward wrapper.

hhttp://www.amconmag.com/blog/assassin-nation/

The American Civil Liberties Union is suing to compel Uncle Sam “to disclose the legal standard it uses to place U.S. citizens on government kill lists.” The Obama administration has responded by invoking the doctrine of state secrets, effectively claiming that national security demands that these policies be kept hidden. By hiding behind state secrets, the feds don’t even have to explain why the law doesn’t apply to their actions.

Sun, 04/03/2011 - 16:29 | 1130293 Sedaeng
Sedaeng's picture

or like this bill that was passed just last year:

http://www.opencongress.org/bill/111-s3081/text

DETENTION WITHOUT TRIAL....
An individual, including [a citizen] of the United States, determined to be an unprivileged enemy belligerent under section 3(c)(2) ...may be detained without criminal charges and without trial...
Sun, 04/03/2011 - 13:32 | 1129919 Miss anthrope
Miss anthrope's picture

link please?

I am looking....

Sun, 04/03/2011 - 13:46 | 1129941 Miss anthrope
Miss anthrope's picture

thank you very kindly

Sun, 04/03/2011 - 13:51 | 1129954 TheMerryPrankster
TheMerryPrankster's picture

Fear is what they want you to feel. Fear makes you small and helpless.

The peasants revolted in Russia when it became obvious that their lives had become so desperate, that it was better to die in a struggle than to live as half starved animals.

When our existence becomes so precarious, the line so fine that we must walk as to make us criminals if our toes stray a millimeter from that torturous path layed before us by those who make the laws and make the system by which we live, than perhaps it is time to abandon that path altogether.

If straying a millimeter makes us a criminal, then an inch is a good as a mile and if we be criminals for discussing our own lives within a corrupt system, then it no longer makes sense to participate in such a system.

If the punishment for stealing a loaf of bread be more extreme than stealing a million dollars, perhaps the system is wrong, perhaps a new system is needed, perhaps those in charge are criminals, not we who discuss and wonder what has happened to our country.

Fear is only what you feel when you try to stay on the path they have decreed for you, freedom is what you feel when you reject the path and try to find a new way.

Sun, 04/03/2011 - 13:51 | 1129952 dogismyth
dogismyth's picture

DON'T WASTE YOUR TIME!!! Watching the "Inside Job".  I watched the first 40 minutes or so and thought it was ridiculously superficial and lacking of fact.  They could have done a better job by interviewing Bill Black for the entire movie.  Its a farce and I'm assuming it was released before any other films to circumvent the power of the truth in this particular situation.

It was obviously produced from funding by those that caused the financial fiasco, and their counterparts.

THUMBS DOWN!

Sun, 04/03/2011 - 14:31 | 1130059 trendybull459
trendybull459's picture

what is the fun,this movie people had see before it went into Cannes festival,with such speed of
light" you would be left on the outskirts of the markets-2months later you offer to us this movie?hhhhhhhhhhhhhhhhhhhhh

 

Its americans and where they came,where the others let their government uncontrolled hands to get-i think best sample would be Ireland,because their people can better control government,next Greece-but greecs suckers,they just know how to rip money from people,turists and foreighners,they greed written at their front head-amazing,God spoted them better that any nation-back in 2004 when i wanted to buy piece of land they wanted to sell it with place where you can not build house,this place was unknown-they did not wanted to tell me,but it was 25% from 4.5Hectar -4.5multiply 10000m2,which i navigated down from 500k$ to 150k$,they are amazingly lazy in making business,"tomorrow" this is a greeks business mostly-the land went for 1mln$ later,because i abandoned idea to purchase land at people who are untrustfull in big meaning of it,my friend stucked their for deal he made and was really fucked up-he bought some land from guy who's father went back from hospital-95years old and said,that he do not let to his son to sell the land which was in the miggle of contract negociations,you need understand that upfront fees was paid and some 25k stucked in middle,because of cause this son spent this money of his debits and could not get back,to get Visa to stay and to work at land in Greece is a government corrupted process,there is ambasy in country whoch reffer you to some past military guy who worked with government and he half ligaly making for you Visa to stay 1 year and continuation "automatically" and he takes from you money which he divides with clerks,to get Visa officially -I broked my bones,just got this guy from moscow greek ambassy and found some friend who stucked also with this guy too,so,i did not went through procedure being just one meeting with him.I urged those greeks i knew-they will get Heavens punishement for their greed,also i had good memories of my investment in TVX gold ,when after 100mln$ invested into the mining search and porfolio of 20mln ounces avaluation-greecs court ruled that the wish of the willage with 100people was priority to stay in village (even company offered every one replaced double housing and compensation),so,TVX went home with 100mln$ left into hullu Greece land,since that time no major business swtarted making with Greece business,when i asked my Wall Street broker about to public artickle,he laughed:"What,every one knows the Greecs crocks,their just gypsis,no one will taking care.Would you talk on Brasil or China,thats other point"

Sun, 04/03/2011 - 14:43 | 1130085 agrotera
agrotera's picture

Charles,

It wouldn't take too much forensic accounting to find out who benefited from "letting" Lehman fail (stalling on bank holding status and denying a 6 (SIX) billion dollar bridge loan) while two days later paying SOME of the "let Lehman die" bets off via cash from US COFFERS 85BILLION then 165BILLION to AIG....

there were credit default swabs on Lehman

naked short sales on the stock (check out www.deepcapture.com for details )

puts on the stock

calls written on the survival of the stock...

Finding out the dollar value of this WIN will tell how much money went back into what appeared to be bankrupt entities -- so letting Lehman fall, gave a win on this let Lehman die bet which then gave the winners of this bet cash--specifically, if you look at Goldman and Morgan then notice they are given bank holding status shortly thereafter, it looks like the Lehman death was one part of certain "toobigtofail" entities getting by while their advocates lobbied for TARP.

In the meantime, if we had honesty from these people instead of what happened:

we might have been told, due to fraudulent conveyance, our country will have to save freddie and fannie in order to make good on the lies that were sold everywhere...but these same entites are bankrupt so Congress will need to give special provisions to unwind these entities while treasury will set up a temporary facility  to ensure that banking will continue, loans will be provided and our country willl not shut down.

INSTEAD WE ARE ROBBED, AND OUR NATIONAL SECURITY IS WEAKENED, AND OUR CURRENCY IS QUESTIONED SINCE INTEGRITY IS THE BASIS OF ANY CURRENCY AND EVERYONE KNOWS IN THEIR GUT THAT THEY HAVE BEEN LIED TO.

The puppet masters GAVE Lehman to Barclays--while they gouged the shareholders of BAC for 0.66shares of BAC for every MER share...and all the while  BAC is making hedge funds to go out and buy up tax notes across the country to tag on huge legal bills to make it impossible for people to get their property back.

Why can't the citizens of the United States sue our country for making TARP and ask for CLAWBACKS? And take a look at those who insisted that we should save bankrupt entities while putting our country in jeopardy?

Sun, 04/03/2011 - 21:37 | 1130976 Natasha Fatale
Natasha Fatale's picture

Totally agree. It's time we step up and use the judiciary for our purposes, i.e. file civil charges (class action with prelim injunction to freeze assets) and criminal charges (treason, etc)

Any corporate and/or criminal lawyers here on ZH want to work on this? Remember: If we do not hang together, we shall surely hang separately. -Thomas Paine 

Sun, 04/03/2011 - 21:37 | 1130978 Natasha Fatale
Natasha Fatale's picture

Totally agree. It's time we step up and use the judiciary for our purposes, i.e. file civil charges (class action with prelim injunction to freeze assets) and criminal charges (treason, etc)

Any corporate and/or criminal lawyers here on ZH want to work on this? Remember: If we do not hang together, we shall surely hang separately. -Thomas Paine 

Sun, 04/03/2011 - 14:49 | 1130106 LostWages
LostWages's picture

As has been stated many times, the movie is designed for the sheeple and there is nothing new that regulars on this site can learn.

That being said, the movie did a great job at showing us how hopeless our situation is.  Until such time as the banksters power is neutralized, all we can do is sit back and watch until the destruction is complete.

Only then can we clean out the bought and paid for CONgress and break up the big banks and resurrect Glass-Steagall or some form of it and eliminate the FED.  We have already witnessed how quickly the newbie Teabaggers were bought and paid for.

Outlawing lobbying in CONgress would be good, and eliminating all tax breaks to high net worth individuals and corporations might help too.

So lets get the meltdown over with, hit the reset button, default on the debt, jail those fuckers responsible and confiscate their wealth, and start over with a capitalist system that has regulations in place to insure the evils of the past won't be repeated.

Sun, 04/03/2011 - 15:27 | 1130177 linrom
linrom's picture

The documentary also did a great job showing the link between academia and business and how these paid shills move between corporate, political and academic circles irrespective of their public political affiliations.

 

The documentary also did a tremdendous job showing what a house nigger Obama really is( this is a descriptive term used by Louis Farrakhan to identify behaviour and motives of certain black people.) My bet is that most people missed the implication of Obama appointments such as Larry Summers, Geithner, Bernanke, Dudley, Daley and countless others---banker administration top to bottom is no coincidence, which the documentary makes rather plain to see and understand.

Sun, 04/03/2011 - 17:21 | 1130414 Seymour Butt
Seymour Butt's picture

Amen Amen

Sun, 04/03/2011 - 15:06 | 1130146 trendybull459
trendybull459's picture

guys,understand,Lehman and Bear Sterns failed because "Hunters" like Sachs and JP Morgan with FED wanted it,because they now control commodities markets,before-Lejman and Bear sterns was biggest commodities trading houses,it came that FED decided expend its power via JP and Sachi,you are prisoners-FED has printer and commodities,you are off

Sun, 04/03/2011 - 15:09 | 1130156 trendybull459
trendybull459's picture

only thing you can do-seat and watch,they took care of your house,job,money-actually you are prisoner,you even can not give away american citizenship-can you?or its criminal already?Do not forget,jails is private-so,thats why justice is unfare,because system interesting to get your free cash job,movie good,but its too late

Sun, 04/03/2011 - 15:18 | 1130167 Abe Froman the ...
Abe Froman the Sausage King's picture

Would more credible if it wasn't funded by "Dr. Evil" Soros' socialist propaganda machine

Sun, 04/03/2011 - 15:35 | 1130205 newbee
newbee's picture

Exactly Abe.  I think there's a lot more to this story than just a bunch of whoring crack head banksters out to get rich.  Soros and the IMF / BIS have definite plans for us all....

http://www.globalresearch.ca/index.php?context=va&aid=23762

Sun, 04/03/2011 - 15:25 | 1130178 Corduroy
Corduroy's picture

Click through the links and you realise the movie is actually hosted at the Internet Archive http://www.archive.org/details/InsideJob2010 For those that do not know, if you right click on the Cinepac link and save, then you will download the movie to your computer which is much easier than trying to watch via online secondary sources. In addition the internet archive is a great source for older movies from 60's and classics such as "Reefer Madness" and "The Last Man on Earth" (the best version of I am Legend) Enjoy

Sun, 04/03/2011 - 15:38 | 1130209 Sedaeng
Sedaeng's picture

I take issue with the statement made towards the end of the movie. @ 1:44:47 when the narrator sums is up with.

At enormous cost, we've avoided disaster, and are recovering.

AND are recovering?  seriously?  other than that, very insightful.

Sun, 04/03/2011 - 16:14 | 1130279 doggings
doggings's picture

fucking thing jams at 32 mins and absofuckinglutely will not play past that, 3 different attempts, from 3 different browsers via VPN from 3 different countries.

lame.

 

Sun, 04/03/2011 - 19:43 | 1130729 dark pools of soros
dark pools of soros's picture

i had to push it back a few minutes every 5 minutes or so since the buffer was filling very slow.. so I basically watched it twice - was worth it and got some milage outta my mac air and jambox

 

parts of it made me want to go wack off on a strippers tits..  not sure why - that's just the vibe i got

 

Sun, 04/03/2011 - 16:14 | 1130274 Gigliola Cinquetti
Gigliola Cinquetti's picture

"when the only driving force is pure greed"

All my economics textbooks from my alma mater contain only one goal function : maximize profit (subject to some constraints sometimes ) . I always thought that is what capitalism and free markets are all about , not ?

Sun, 04/03/2011 - 17:58 | 1130408 Seymour Butt
Seymour Butt's picture

The system only works when there are lots of LOSERS to support the few winners.

What we have now is Socialism for the Banksters. The sheeple still believe there's Capitalistm in the US while footing the bailout bill. Suckers.

2008 was just the beginning, there's more to come. Problem is it'll be much worse. 

Sun, 04/03/2011 - 16:20 | 1130286 doggings
doggings's picture

Click through the links and you realise the movie is actually hosted at the Internet Archive http://www.archive.org/details/InsideJob2010

lol, NOW you tell me, where were you all afternoon? :)

better late than never tho, cheers

Sun, 04/03/2011 - 16:49 | 1130315 Unlawful Justice
Unlawful Justice's picture

A group of slave owners that "make" money with words and perceptions aren't going to stop.  You can't stop liars from lying.  You have to ask why you want to believe their lies.  The big question is...how to motivate the sheeple to do productive "work".   Thats their big problem.

Sun, 04/03/2011 - 17:29 | 1130457 Buyemall
Buyemall's picture

Thanks for the movie and for the site tyler.

Always something interesting and usefull on you site.

 

Sun, 04/03/2011 - 17:51 | 1130497 The Answer Is 42
The Answer Is 42's picture

One of the highlights:

Shrub Jr: "Now low income families," he continued with a trademarkt smirk, "can own homes just as nice as the high income ones"

 

Unbefuckinglievable. How did I miss that?

Oh, I tuned him out before the Iraq war. My bad.

Sun, 04/03/2011 - 17:53 | 1130502 juwes
juwes's picture

indio007 referenced this:  http://topdocumentaryfilms.com/human-resources/

 

Just watched it and it is revelatory.  Thanks indio.  I really appreciate the link.

Sun, 04/03/2011 - 18:06 | 1130524 SqueekyFromm
SqueekyFromm's picture

Thank you for putting up this Internet Article!!! I downloaded it and will watch it tonight.

Squeeky Fromm, Girl Reporter

Sun, 04/03/2011 - 19:46 | 1130558 Curtis LeMay
Curtis LeMay's picture

Thanks for the flick, Tyler. Good stuff.

Bottom line: can the American people ever trust again Wall Street & Co. to police themselves? It's Wall Street's last chance you know, guys.

Unfortunately, America's on the line as well. If the stealing and fraud continues, it's very possible that this time we as a nation will go down. But we don't want more regulators, just in case - even when our entire country' neck is on the line??

I know, some broker or moneyman might watch this flick and say to him or herself: "who cares, I'll get mine". It's not yours, though. It never was.

However, given some of the comments on this thread, it's safe to say that's already a fairly wide ranging opinion.

Thing is, if "you get yours", there may be nothing left for you to do with it as there'll be no airlines to whisk you away to Vail or St. Barts, no G5 at Tererboro as well as Gulfstream will have gone belly up. Get it? 

I do. I am 49 years old, and semi-retired on the island of St. John in the US Virgin Islands. But you see, I worked in IT in downtown Manhattan from just before the Dot Com days. Lived in Brooklyn Heights for over a decade and took the N or R Train to and from work up to seven days a week, though I didn't have to churn (steal) anything or defraud anyone out of their pension, or push naked puts on seniors. I saw the 85k, 120k, you name it, bank checks from UBS, CS and the Caymans lying on bosses desks on - in their name - uncashed. They were too paltry sums to be discreet with, you see.

This must stop, and forever. So, when the opportunity knocks, but you know better - and you sure as hell do, do better. Or we are all fucked, all of us. Then all that would remain, all of what is "yours" won't be worth shit anyway - in all sorts of ways.

Sun, 04/03/2011 - 19:22 | 1130679 fallst
fallst's picture

Since this was only shown in 2 theatres within 60 miles of NYC, I waited for the DVD.

I gladly paid Amazon, and got it last week.

Please pay this man. Don't freeload.

Not Here. Not This.

Sun, 04/03/2011 - 19:43 | 1130725 Curtis LeMay
Curtis LeMay's picture

Agreed and done.

Sun, 04/03/2011 - 19:28 | 1130688 aerial view
aerial view's picture

Solving a 100,000 piece puzzle with a 100 pieces is not possible: only demands for full transparency will allow all of us to understand every aspect of these crimes and to arrive at the best solution for rebuilding the system. Of course, the elites know this and that is why every effort is aimed at obscuring, hiding, intermixing and confusing the facts and making it impossible to fix the system and hold the perpetrators accountable!

Sun, 04/03/2011 - 20:22 | 1130811 Phillips Capital
Phillips Capital's picture

Great film.

Related banking documentaries: <a href="http://freedocumentaries.org/index_cat.php?cat=42">http://freedocumentaries.org/index_cat.php?cat=42</a> (all free on their website.) 

Sun, 04/03/2011 - 22:13 | 1131067 Downtoolong
Downtoolong's picture

Great analogy near the end asking the hypothetical question, “What if an evaluator of a prescription drug made most of their income from the success of that drug?” That one left the so-called impartial interviewee speechless. And let’s face it, you know your industry’s practices suck if they are worse than the prescription drug industry.

Mon, 04/04/2011 - 00:26 | 1131395 jonjon831983
jonjon831983's picture

"umm... Ummm... umm... umm ... umm.... ummm.... umm... I don't think they are the same"

Sun, 04/03/2011 - 23:38 | 1131288 FluffyCone
FluffyCone's picture

At the time marker 45:48, the movie references a Bloomberg Report dated May 7, with content referencing the use of Cocaine, strippers, etc.  Anyone know where I can find a link to that report?  Thanks,

Mon, 04/04/2011 - 00:26 | 1131391 jonjon831983
jonjon831983's picture

A small piece of the movie, but I wonder what would those professors' students think of them if they watched their interview pieces in the movie?

Mon, 04/04/2011 - 01:08 | 1131440 kalasend
kalasend's picture

You are backward.....we're all independent from each other. But with enough money, you start to impact other people's lives. They didn't become powerless because of the interview. This movie changes none of them. And I honestly don't agree with everything the movie tries to position the viewers. For one, I want more foreclosures so prices drop even more. I don't care if people are put out of houses. They are simply put back out of the houses they shouldn't own in the first place. I was prudent during the entire stampede, and I still don't feel my prudence was rewarded yet.

If you, the film, or anybody is suggesting to protect the foreclosed then I suppose come the next housing bubble nobody should keep a cool head.

Mon, 04/04/2011 - 02:16 | 1131510 DarthVaderMentor
DarthVaderMentor's picture

Unbelievable video

Mon, 04/04/2011 - 06:25 | 1131613 tradewithdave
tradewithdave's picture

For those who have not yet availed themselves of the nuance of the relatively new movement that has been titled as Libertarian Paternalism , they may want to consider this short review of the movie.  It's far from being anything libertarian and instead is all about the disintermediation of free will and freedom of choice through behavioral economics.  The approach is quite subtle and this is rising in the consciousness not only through the movie Inside Job, but also through the movie Zeitgeist: Moving Forward, books by Cass Sunstein and most recently a "common ground" approach between Ralph Nader and Ron Paul. 

Here's the review:  http://tradewithdave.com/?p=5401

Dave Harrison

www.tradewithdave.com

Mon, 04/04/2011 - 07:59 | 1131710 i-dog
i-dog's picture

Excellent analysis, Dave. I like what you have come up with. It certainly explains why Soros and Fwank were so voluble, and why Rifkin and the other academics were so ready to make fools of themselves ... by each coming close to a total "Judge Judy moment" when caught in the headlights.

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