Jon Stewart on “Banks Made of Balsa Wood”

by Rocky Vega.

There are more than enough voices out there to willing to criticize the banks for acting in their own self interest. In fact, in the clip below, one such voice reports that Goldman Sachs’ profit of “$12 billion last year…is precisely what taxpayers gave them, to help them get bailed out from their AIG exposure, it is all tax dollars…”

Of course, for perspective, this tar-and-feather job is from none other than former New York Governor Elliot Spitzer, who seems perfectly at ease casting the first stone.

See the below Daily Show video for more delight. It came to our attention via Zero Hedge in a post on who is really recovering from the financial meltdown.

[_EMBED1]

Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let?s Go Publications, Harvard Student Agencies, and The Harvard Advocate.

  • Steve

    Jon Stewart is the only honest “newsman” voice of our time. How is that for a sad commentary.

Recent Articles