Last month, when the a subcommittee of the House Financial Services Committee held a hearing on the derivatives market, Robert Johnson was the only non-industry expert invited to speak. The former economist at the Senate Banking Committee and the Senate Budget Committee was invited just sixteen hours before the hearing. His testimony was cut short after five minutes by Congresswoman Melissa Bean, and the committee has since refused to post online his full testimony along with the statements of the other panelists. Robert Johnson comes on Democracy Now! to explain what he tried to tell Congress. [includes rush transcript]
Bill Moyers talks with economist Robert Johnson, who decodes this week’s news on the bank bailout, with a hard look at the international ramifications of the plan and a discussion of why nationalization has become a flash point.
[…] Alison Des Forges, one of the fifty people who died two weeks ago in that plane crash near Buffalo. Regrettably, I didn’t know about Alison Des Forges until her death, although I do know and admire the organization with which she worked, Human Rights Watch.