"Too Big To Fail" HBO Film...I'd love some insight, please!Submitted by opengee on Tue, 05/24/2011 - 02:14
Being a Ron Paul Supporter for over 4 years, officially (I am a "veteran" now- laid groundwork for the first campaign).
I am TRYING desperately to get my mind around this 2008 Financial/Bailout/TARP. I watched the film "Inside Job", narrated by Matt Damon. I just watched the fictional documentary on HBO; "Too Big Too Fail." The first film, Inside Job, somewhat like "Capitalism: A Love Story", gave me the impression that the 2008 Bubble Burst Financial Clusterf*ck was a planned, calculated ROBBERY of the US citizens. I'm not an economist. I'm not a mathematician. I am NOT a financial person...at ALL. I'm someone that has very small standards in the aspect of money.
If ANYONE has seen these three, or at least the HBO "Too Big To Fail" I would appreciate any commentary or explanation. The HBO Film was portraying the financial players that I've come to be very suspicious of as being, at worst: stubborn, uber-wealthy, greedy career-financial agents that could have done better...and, at BEST: SAVIORS of the American Society! Essentially, the HBO Film's message was "If they hadn't passed TARP, we would have plunged into Great Depression-on-Steroids 2k+8 Version." It wasn't pretty, but it was absolutely necessary!
All of these banking terms and Hollywood agendas and some intent of explaining what MAY have happened did more to confuse me than anything. Especially given the fact that I was a fervent Paul campaign supporter and confronted my own House Rep. in-person and chided him publicly in front of other constituents.
HELP ME UNDERSTAND! I realize the alternative is only speculation.