Inside job
1: Who is the most to blame for the events depicted in the film? Republicans or Democrats? Is it Government or financial services companies? Regulators who stuck by their free market beliefs? Investors who carelessly took on too much risk?
We think that every protagonists of the film are responsible of the crisis. We are going to try to develop the role
➢ We think that the political parties are not the main actors of the crisis. It’s the government in general who don’t take responsibility with ”laissez-faire” political.
➢ Financial services companies because they scammed people into low mortgage’s and loans, people thought they could afford, if they did not do this I would not consider them most to blame, they only did this for themselves which is very selfish.
➢ Regulators who stuck by their free market beliefs? The ideology of Alan Greenspan can really explain the role of the regulators in the economic crisis. He was the most admired government officer in the world; he served as chairman of the Federal Reserve for nearly two decades. He formed an ideology about market and refused to budge of his views.
➢ The investors, who have taking many to risk earning money, are, for us also the main actor of the crisis. With the bank loans, lots of investors take advantages of the situation.
2: What they should have done differently?
Rejecting the fault on the banks has been government’s defense whereas they finally help the banks: they knew they were also to blame. Liberalist governments should have been paying attention to what was going on with the loans, when the crisis appeared it was too late. Their role is to protect the citizen of their country and they failed: laws about loan’s eligibility were missing. It started slowly in 2006 with a crisis of the real estate market since 1980S, mainly in the United States loans have been accorded very easily to people in need of money. Property has turned easy to reach
We think that every protagonists of the film are responsible of the crisis. We are going to try to develop the role
➢ We think that the political parties are not the main actors of the crisis. It’s the government in general who don’t take responsibility with ”laissez-faire” political.
➢ Financial services companies because they scammed people into low mortgage’s and loans, people thought they could afford, if they did not do this I would not consider them most to blame, they only did this for themselves which is very selfish.
➢ Regulators who stuck by their free market beliefs? The ideology of Alan Greenspan can really explain the role of the regulators in the economic crisis. He was the most admired government officer in the world; he served as chairman of the Federal Reserve for nearly two decades. He formed an ideology about market and refused to budge of his views.
➢ The investors, who have taking many to risk earning money, are, for us also the main actor of the crisis. With the bank loans, lots of investors take advantages of the situation.
2: What they should have done differently?
Rejecting the fault on the banks has been government’s defense whereas they finally help the banks: they knew they were also to blame. Liberalist governments should have been paying attention to what was going on with the loans, when the crisis appeared it was too late. Their role is to protect the citizen of their country and they failed: laws about loan’s eligibility were missing. It started slowly in 2006 with a crisis of the real estate market since 1980S, mainly in the United States loans have been accorded very easily to people in need of money. Property has turned easy to reach