NAOMI KLEIN: And they’re ongoing. I mean, I wish things had gotten better since we last spoke. And I think I called the bank bailout the biggest heist in monetary history back then, and it’s just gotten bigger. We’ve seen just an absolutely unprecedented transfer of public wealth into private hands. And, you know, what I’ve been saying from the beginning, I think it’s becoming even clearer now, which is that the crisis in the financial sector is not being solved, it’s being moved. A private-sector crisis is being transformed into a public-sector crisis, in the sense of the huge deficit that’s being left behind because of this bailout, which isn’t even doing what it’s supposed to be doing in terms of restoring credit and fixing the real economy.
So the price of this is—if it isn’t fixed, is going to be paid in cutbacks to healthcare, to Social Security. We aren’t even—we haven’t felt the full shock yet. And that’s my concern. Yes, I’m concerned about what’s going on now, but I’m concerned about how this transfer of wealth is going to be paid for down the road in terms of the meager social services that Americans get in exchange for their tax dollars.
JUAN GONZALEZ: Well, and yet, you’re seeing now, at least in the stock market, the bank stocks, as well as some of the others, at least leveling off or beginning to rise again, even as unemployment continues at record levels, new people that are thrown out into the street every month.
NAOMI KLEIN: You know, and during the election campaign, you know, I think what Obama articulated so well is the fact that people realize that what’s good for Wall Street isn’t necessarily good for Main Street. And he said, you know, we’ve had this top-down approach, giving more and more to people at the top, waiting for it to trickle down, and he promised that that would change.
http://play.rbn.com/?url=demnow/demnow/demand/2009/may/video/dnB20090515a.rm&proto=rtsp&start=00:11:57http://www.democracynow.org/2009/5/15/fire_the_boss_naomi_klein_avi