Nightmare on Wall Street: Washington Can't Bail out the Sea of Red Ink

By Bill Moyers, Bill Moyers Journal
Posted on July 22, 2008, Printed on July 22, 2008
http://www.alternet.org/story/92286/

The following is a transcript of an interview with author Bill Greider from the July 18 broadcast of Bill Moyers Journal(watch the video).

Bill Moyers:With me now is one of America's leading chroniclers of money, power, and politics, who says what's happening is the disgrace of Wall Street, its excesses paid for by people like those in Cleveland and millions like them around the country.

William Greider has spent forty years examining how powerful institutions affect ordinary people. Once a top editor of The Washington Post, a columnist for Rolling Stone, and now National Affairs Correspondent for The Nation, he has produced a series of best-selling books: Secrets of the Temple: How the Federal Reserve Runs the Country, One World, Ready or Not: The Manic Logic of Global Capitalism, Who Will Tell the People: The Betrayal of American Democracy, and The Soul of Capitalism. He's working on a new book with the title: Come Home, America.