Why Financial regulation will never happen given the makeup of the US Congress (from Robert Kaiser's comments in the video): "...it was the belief that it ... [regulation]... was the wrong way to go held by people who didn't understand the situation."
Mr. Kaiser does not mention the role of money in politics and Upton Sinclair's comment (here) that "It is difficult to get a man to understand something, when his salary depends upon his not understanding it!"
Watch New Book Chronicles Fight Over Financial Reform After Crisis on PBS. See more from PBS NewsHour.
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