none of them were even approached the people picked to fix the crisis were those who created the robert rubin crowd the goldman sachs croak they created the crisis are no more powerful than before is that accident well not when you pick those people to create an economic plan and then what do you expect the haven't. been well for the poor let market principles prevail don't expect any help from the government the government the problem not the solution and so on that's essentially neo liberalism and it's has this dual character which goes right back in economic history one set of rules for the rich opposite set of rules for the poor. and nothing surprising about this exactly the dynamics you expect if the population allows it to proceed just going to go on and on like this until the next crash which is so much expected that credit agencies which kind of evaluate the. status of firms are now counting into their calculations the taxpayer bailout that they expect to come in after the next crash which means that the beneficiaries of these credit ratings like the big banks they can borrow money mo

the crash of $87.00 brought in the plunge protection team under alan greenspan ronald reagan and robert rubin and they began to flood the markets with cash with government money with taxpayer money to essentially that was the end of free market capitalism in america in a huge way you had the 1913 in traditional the fed that destroyed much of the u.s. capitalism and then the 1987 plunge protection team pretty much took capitalism completely off the out of the picture in america and we ended up into a control a command and control system by the fed the fed became the new poll bureau interest rates became their the hammer and sickle that they beat the population and to rally the elites and they did so under the ideology of market fundamentalism which we find out is similar to theological fundamentalism and that it breeds terrorism that was only possible once told paul was no longer in the central bank that's paul volcker who did passed away this end of the year december 29th so he was the guy who was in charge of the central bank when the u.s. went off the gold standard he was brought in and bas

. >> michael rubin, coming up. thanks, robert kick off the final trading month. big stocks to watch next (siren blaring) police officer: excuse me, sir. sit tight. yep, sit real tight, speedy. cause you've got to call it in, police officer: radio to dispatch... type it up, hey, dispa... (feedback ringing) deal with that, dispatch. write it up, walk it back, police officer: slow down out there. and call hq-again. (sigh) (siren blaring) this isn't working. introducing samsung mobile first responder solutions. with the galaxy note10, you can get real-time data at the scene, all on one device. samsung business solutions. >>> get ready to spend shoppers head online for cyber monday with billions of dollars on the line after a record black friday >>> boeing's big december. it's a crucial month for the plane maker as it tries to get the 737 max ready to fly before 2020 begins. >> and can a billionaire really win the democratic nomination for president? michael bloomberg's senior campaign advisor will tell us why he thinks the answer is