I finally had a chance to watch Inside Job, advertised as the “THE FILM THAT COST OVER $20,000,000,000,000 TO MAKE”.
The Inside Job study guide states:
Inside Job, the critically acclaimed movie by Academy Award nominated filmmaker, Charles Ferguson, is the definitive film about the economic crisis of 2008 and the role of Wall Street in modern society. It is a substantive and entertaining film that is ideal for educational purposes.
I’m going to agree that this is a great chance to receive an easy-to-understand introduction to the events that occurred leading up to the market crash of 2008. I highly recommend that you watch the film yourself, and then get as many of your friends and family as you can to watch it as well. Then sit down and discuss it over a pot luck, because food is awesome, and you can hopefully learn a lot from each other through your discussions.
Some questions to ask yourself, your family and your friends?
- Is this information completely new to us, or did we know a lot of this stuff already?
- If we didn’t know any of this stuff, why not?
- What can we do or what steps can we take with our assets and finances to protect ourselves against this kind of thing in the future?
- What can we read or how can we educate ourselves to be able to see that a crash like this is coming, before it actually happens?
- What are we going to do to demonstrate our outrage that gambling with other peoples money, drugs, prostitution and corruption are standard behaviour on Wall Street?
One of the quotes that stood out to me, and one that I feel people should pay attention to, is this:
Why should a financial engineer be paid 4 times to 100 times more than a real engineer. A real engineer builds bridges, a financial engineer builds dreams, and when those dreams turn out to be nightmares, other people pay for it.
Andrew Sheng
Chief Advisor
China Banking Regulatory Commission
Why should the public be required to pay for the corruption and gambling habits of crazy Wall Street banksters? Not only that, but why does the public settle for it? Why is their not outrage and action? Ask yourself these questions after you buy and watch Inside Job.
I recently watched it as well as was happy that it got into cinemas and matt damon was part of it to help promote it more and walk people up. PBS’s frontline has done a few good ones as well like ‘Ten Trillion and Counting’ and ‘Inside the Meltdown’ and CBC even did a great one called ‘Meltdown’ in four 45-minute episodes. Unfortunately, none of them really hit the nail on the head when it comes down to what caused it really, which is the continuous expansion/inflation of the currency by the FED.