How the wealthiest American make money off the poor-2/2

“Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (And Stick You with the Bill)”

Pulitzer Prize-winning journalist David Cay Johnston joins us to talk about his new book, “Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (And Stick You with the Bill).” Johnston reveals how government subsidies and new regulations have quietly funneled money from the poor and the middle class to the rich and politically connected. [includes rush transcript]

Duration : 0:7:36


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12 Responses

  1. refimanloans Says:

    Sorry – have no …
    Sorry – have no info on fema rex 84 but I do know that america is changing by the minute and not for good. USA is not a country but a corporation controlled by the elite – the olagarchy and we are the slave class. Empire has destroyed us by humongous debt loads and a dollar sure to collapse (no foreign power wants it) under this wicked and evil system of things. The rich got theirs – we are the leftovers, the stupid 80%er’s who were asleep at the helm. We have no power, all is lost. Sorry.

  2. NiagaraWarrior Says:

    your absolutely …
    your absolutely right, have you heard of FEMA’s REX 84, plan? all those prisons standing ready for civil unrest….. it will be a sad day in history the day those are actually used….

  3. refimanloans Says:

    As a mortgage …
    As a mortgage broker I would have to say you are 100% right on with your Reagan evaluation.The de-regulating that went on in the banking industry during not onlyn Reagan but Bush and then Clinton made for the spoils of what we have today. Just 2% own 73% of the wealth in American and you are not going to get into that club – the doors are closed forever. Obama cannot make enough jobs to stop the bleeding of the un-employed and soon to be. Woe is all of us – we are moving abroad!

  4. 70road Says:

    REVOLUTION!!!!!!!!!
    REVOLUTION!!!!!!!!!

  5. eskimoglenn Says:

    Too true,
    We in …

    Too true,
    We in Britain are suffering the same.
    Our problem is the fact that we are entrenched in our views of conservatism and past empire.’This could not happen in Britain, our politicians are too honest’ Or so we fool ourselves into believing.
    We are as susceptible to the greed of money makers and politicians as with any nation.Probably more so because we are complacent and insular in our outlook.

  6. refimanloans Says:

    It is really too …
    It is really too late to do much – we are now a fascist state that has arms and police to keep everybody in line thanks to Homeland Security and the Patriot Acts. If we can retrieve a democracy again we have to pry it from the billionaires and millionaires who stole it from us. The government is too corrupt and entrenched to win any battles,the monster will be the olagarchy with the rich about 4% and everybody else poor working class peoples.

  7. aduziproductions Says:

    Its a shame that …
    Its a shame that not enough care to understand the economics of the Bush/Reagan years. If youre not for us youre against us sent a clear message of who will share the wealth. While the sycophantic voters fiddle, America and what it stands for burns. Now that many more pocket books are adversely affected will Change be realized. It is way past time to take this country back to its former glory but I dont see it happening. Only 1300 views 12 ratings and five comments speaks volumes.

  8. Quietlydoesit Says:

    America is a gold …
    America is a gold mine for rich parasites to become richer on the backs of ordinary workers whilst simultaneously insulting the poor for wanting a fairer cut of the wealth they have created.

  9. hwbanger Says:

    I believe Ronald …
    I believe Ronald Reagan is the one who enabled a handful of billionaires to take over the American media so they now spin him into agreat president. I’m worried that they will do the same for Bush someday.

  10. principles101 Says:

    Forget party …
    Forget party affiliation…Neither the Democrats or the Republicans have helped the middle class…it’s the individual who cares about the people who will help bring back the economy and Constitutional rights. Obama, Hitlary, Romney, Huckabee won’t do it…but Ron Paul will…and so would Dennis Kucinich before he opted out because the mogul corporate media wouldn’t give any attention to these people. People insanely voted for the people who were given mass media attention. Stupidity!

  11. iluminatr462 Says:

    david is doing good …
    david is doing good work, but what the is “corporate socialism?” it’s an oxymoron. and why is he so soft on reagan? “he was a great leader.” a great leader is someone who does great things. reagan was a sycophant and dumb as rock. his own advisors have admitted that he didn’t understand the policies he advocated. he didn’t understand the basic tenants of reaganomics. reagan was the window dressing for the most dangerous ideas the far right could invoke.

  12. Shmecklecka Says:

    Thanks for posting …
    Thanks for posting this.
    Now if every Raygunite red-neck red-state americon doesn’t have some major epiphany over thiss, then there truly is no hope for that huge swath of brain-dead ‘gipper-goppers’. Let’s hear it warmongers, what’s your free-market story NOW:

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