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Why the Dems should call for the appointment of a special prosecutor to investigate the firing of the US Attorneys, why Hank Paulson's idea for deregulating financial markets is silly, more on my date with HRC.

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  • Thommy Browne plus 3 years ago
    Well said Robert.
  • mika 3 years ago
    Very well, indeed!
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  • ubizmo 3 years ago
    I saw a statistic recently concerning the ratios of CEO salaries to average employee salaries in corporations. In Europe, this ratio is something is between 15X to 20X, with the higher one tending to be in the UK. In the US, the ratio is about 475X, if I remember the number correctly. To my economically untrained mind, this does not seem like a Good Thing. Someday I'd like to hear what an economist (hint hint) has to say about it.
  • sbharnish 3 years ago
    Hmmmm... since when is higher pay worse than lower pay? Don't employees have the right to work wherever they want, or start their own business if they want more money? They do on this continent.
    If an effective CEO creates value for their corporation, they should be compensated accordingly.
  • Robert Reich 3 years ago
    Todd,

    CEO pay in Europe and even in Japan is catching up with CEO pay in the U.S. because the market for CEOs is now international, and every global company thinks it has to pay the "going rate" for CEOs. But of course that means it's an escalating arm's race, because no big firm wants to appear to be paying its own CEO less than its competitors, and in order to hire a new CEO it has to pay more than its competitors. The whole thing is ratcheting up like mad. And it is madness.
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  • ed 3 years ago
    I would have to disagree about the US Attorneys being big news. They are political appointments, and can be fired at any time by an administration. In fact, our last president fired 92 of 93 of them as soon as he took office. To me it's more an example of ineptitude on the administrations part

    I would save the special prosecutors for real aubuses, or you just start to make the public numb.

    Keep up the video casts!
  • sbharnish 3 years ago
    Is anything you disagree with an "abuse of power"? If it's not against the law there is no need for investigation.
    It may be rude, it may be mean, but it's the President's prerogative
  • Robert Reich 3 years ago
    Yeah, presidents have full discretion to hire and fire US attorneys, and every president in memory has put his own set in place at the start of his administration. But that's different from doing what the current White House has done, or apparently done -- which is to make continuation on the job conditional on doing the Republicans' bidding. It's clear that the US Attorney in NM was fired because he didn't do what Republican politicians wanted him to do -- go after a Democratic candidate. And why the US Attorney in Chicago was fired -- because he went after a Republican governor. Once these jobs are politicized in this way, we're on the slippery slope to political vendettas and crass abuses of power.
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  • loonachic plus 3 years ago
    a lot of butter is VERY significant!
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  • Chelsa 3 years ago
    A lot of butter....ha.

    Geeze Louise, i hope she's cleaned up her eating habits for her own sake.
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  • dalas verdugo staff 3 years ago
    Business people should be totally unregulated. After all, they have such strong morals, they would never even dream of doing anything unethical in order to make money! ;)
  • ed 3 years ago
    Ha ha!
  • leeb 3 years ago
    Consider the source, Vimeo users. dalas was once an Enron executive. verdugo is a fake name.
  • dalas verdugo staff 3 years ago
    My real name is "The Ghost of Ken Lay."
  • FuzzyDave plus 3 years ago
    I don't know if it's fake or not, but it has been an ongoing fantasy of mine that Dalas is in fact Elena Verdugo's grandson.
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  • Chromazone 3 years ago
    With political propensity to consume guns or butter...give me "lots of butter!"
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  • Ian Lucero plus 3 years ago
    Whoa there. Butter. Is that in reference to a Dave Chapelle skit?
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  • With about a trillion dollars in sub prime loans ready to default, inflation rising at wholesale 1.3% and consumer level .4% The EIA stating that global supplies of oil are shrinking at an alarming rate whats the fed to do Raise, hold or fold?
  • Robert Reich 3 years ago
    See my latest vblog. The Fed did what it was predicted to do -- nothing. It said, incredibly, that it didn't have enough information to justify reducing rates.
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  • ILike2Watch 3 years ago
    Knowing what side of your popcorn is buttered is probably good political strategy. So what movie did you see?
  • Robert Reich 3 years ago
    Antonioni's Blow Up (I mistakenly thought Fellini was the director but then about a thousand people told me it was Antonioni).
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  • Alex Itin plus 3 years ago
    Glad it was Blow up and not Last Tango... or am I?
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  • Help me understand why a grown man of some repute needs to do this? Are you lonely? Do you somehow need this to feel worthy? In my mind, your judgement is poor.
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