RNN’s Pepe Escobar on People’s Republic of Wall Street

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The financial crisis may be the number one issue on US voters’ minds, but there seems to be no leadership at work in Washington, comments Pepe Escobar. The Wall Street bailout rejected by Congress and then approved by the Senate may not be the solution. It’s up to foreign analysts and economists to tell it like it really is. What is in fact being saved – capitalism or a banking oligopoly—or both?

Bio

Pepe Escobar, born in Brazil is the roving correspondent for Asia Times and an analyst for The Real News Network. He’s been a foreign correspondent since 1985, based in London, Milan, Los Angeles, Paris, Singapore, and Bangkok. Since the late 1990s, he has specialized in covering the arc from the Middle East to Central Asia, including the wars in Afghanistan and Iraq. He has made frequent visits to Iran and is the author of Globalistan and also Red Zone Blues: A Snapshot of Baghdad During the Surge both published by Nimble Books in 2007.

Comments from Registered Users

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Rane Seraph 2008-10-02   

Pepe, you need to be broadcast on all channels.

georgeb.martin 2008-10-02   

Chris Dodd: Career Contibutions Securities & Investment $5,822,625 Commercial Banks $1,261,413 Mitch McConnell Career Contibutions Securities & Investment $1,241,562 Commercial Banks $ 598,755 Harry Reid:Career Contibutions Securities & Investment $557,135 Commercial Banks $284,646 Charles E. Schumer :Career Contibutions Securities & Investment $6,171,874 Commercial Banks $1,069,124 Hillary Clinton:Career Contibutions Securities & Investment $10,879,653 Commercial Banks $2,253,113 Judd Gregg:Career Contibutions Securities & Investment $236,505 Commercial Banks $118,849 Spencer Bachus:Career Contibutions Commercial Banks $960,713 Securities & Investment $543,116 Kent Conrad:Career Contibutions Securities & Investment $583,424 Commercial Banks $241,329

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