HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

Filmmaker Michael Covel on Broke: The New American Dream

Views:985
@ReasonVids

"Politicians and the Federal Reserve rigged the market," says financial author and filmmaker Michael Covel. "They rigged the market through interest rate manipulation and we're still paying for it today." In his documentary, Broke: The New American Dream, Covel explores the roots of the financial crisis, which he traces back to Netscape going public in 1995.

Covel sat down with Reason.tv's Ted Balaker to discuss the role politicians, the Federal Reserve, Wall Street, and media figures like CNBC's Jim Cramer played in the financial meltdown. Topics include: why Covel is down on "buy and hold" as an investment strategy and the differences between state lotteries and poker.

Approximately 9.18 seconds.

Shot by Alex Manning, Hawk Jensen, and Paul Detrick. Edited by Detrick.

Go to http://www.reason.tv for HD, iPod, and audio versions of this and all our videos, and subscribe to Reason.tv's YouTube channel to receive automatic notification when new content is posted.

reason.tv
,
reason.com
,
reason
,
magazine
,
reason.org
,
libertarian
,
michael
,
covel
,
ted
,
balaker
,
financial
,
crisis
,
2008
,
jim
,
cramer
,
mad
,
money
,
cnbc
,
broke
,
the
,
new
,
american
,
dream
    Thumbnail for 3 Reasons Obama's Education Vision Deserves an F2:42
    3 Reasons Obama's Education Vision Deserves an F
    ReasonVids
    947 views
    Thumbnail for Gov't grabs elderly man's home; won't give reason | Institute for Justice4:11
    Gov't grabs elderly man's home; won't give reason | Institute for Justice
    invidious
    549 views
    Thumbnail for Governments vs. Markets: Julian Morris on Environmental Protection28:37
    Governments vs. Markets: Julian Morris on Environmental Protection
    ReasonVids
    802 views
    Thumbnail for Stimulis:  Because all economies have performance issues0:54
    Stimulis: Because all economies have performance issues
    ReasonVids
    899 views
    Thumbnail for The Fracturing of Communist Cuba’s Propaganda Machine4:58
    The Fracturing of Communist Cuba’s Propaganda Machine
    ReasonVids
    903 views
    Thumbnail for Trump vs. Hillary vs. Zombies4:47
    Trump vs. Hillary vs. Zombies
    ReasonVids
    1058 views
    Thumbnail for George Hotz: Fully Self-Driving Cars Are a 'Scam' and Silicon Valley 'Needs To Die'22:55
    George Hotz: Fully Self-Driving Cars Are a 'Scam' and Silicon Valley 'Needs To Die'
    ReasonVids
    980 views
    Thumbnail for 20-Year-Old Whiskey in 6 Days: Will This Self-Taught Chemist Upend the Liquor Industry?7:15
    20-Year-Old Whiskey in 6 Days: Will This Self-Taught Chemist Upend the Liquor Industry?
    ReasonVids
    964 views
    Thumbnail for What Happened to Kids in Cages? | Grunt Speak Highlights5:22
    What Happened to Kids in Cages? | Grunt Speak Highlights
    Terrence Popp
    1424 views
    Thumbnail for How Freedom Made Us Rich25:46
    How Freedom Made Us Rich
    ReasonVids
    874 views
    Thumbnail for comediant0:33
    comediant
    bestofupgoat
    303 views
    Thumbnail for Wayne Allyn Root Explains How He Will  Become President7:14
    Wayne Allyn Root Explains How He Will Become President
    ReasonVids
    858 views
    Thumbnail for Recreational Pot Will Be Legal Just About Everywhere Soon9:02
    Recreational Pot Will Be Legal Just About Everywhere Soon
    ReasonVids
    823 views
    Thumbnail for SSD exploits quantum tunneling to store data | Branch Education7:34
    SSD exploits quantum tunneling to store data | Branch Education
    bestofpoal
    835 views
    Thumbnail for Another Waffle House after the bars closed video.  See the difference?0:21
    Another Waffle House after the bars closed video. See the difference?
    bestofupgoat
    237 views
    Thumbnail for All I can say is DAYUM 😍1:05
    All I can say is DAYUM 😍
    bestofupgoat
    56 views
    Thumbnail for Lawsuit Challenges Arizona Engineering Licensing Law1:13
    Lawsuit Challenges Arizona Engineering Licensing Law
    IJvids
    867 views
    Thumbnail for Nyíregyháza - Nemzet Hangja53:19
    Nyíregyháza - Nemzet Hangja
    invidious
    78 views
    Thumbnail for The television team of the "Current Camera" stupidly forgot the needle for the propaganda video.0:08
    The television team of the "Current Camera" stupidly forgot the needle for the propaganda video.
    AOU
    1890 views
    Thumbnail for On the Set of Atlas Shrugged: 53 Years in the Making5:36
    On the Set of Atlas Shrugged: 53 Years in the Making
    ReasonVids
    913 views
    Thumbnail for Trying heals3:18
    Trying heals
    June5
    323 views
    Thumbnail for Tolls, Not Taxes: How Americans Want to Fix Traffic Jams10:05
    Tolls, Not Taxes: How Americans Want to Fix Traffic Jams
    ReasonVids
    891 views
    Thumbnail for 'Your Tears Are Delicious and Your Parties Will Die,' Says Libertarian Party Chair Nicholas Sarwark10:48
    'Your Tears Are Delicious and Your Parties Will Die,' Says Libertarian Party Chair Nicholas Sarwark
    ReasonVids
    941 views
    Thumbnail for "PEACEFUL" IS A DEATH SENTENCE (SHARE)9:18
    "PEACEFUL" IS A DEATH SENTENCE (SHARE)
    bestofsaidit
    899 views
    Thumbnail for Is Your iPod Unpatriotic? Why America Shouldn't "Buy American"9:22
    Is Your iPod Unpatriotic? Why America Shouldn't "Buy American"
    ReasonVids
    934 views

points

Permalink
Reply
reason.tv
,
reason.com
,
reason
,
magazine
,
reason.org
,
libertarian
,
michael
,
covel
,
ted
,
balaker
,
financial
,
crisis
,
2008
,
jim
,
cramer
,
mad
,
money
,
cnbc
,
broke
,
the
,
new
,
american
,
dream
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle