The global financial meltdown, at a cost of over $20 trillion, resulted in millions of people losing their homes and jobs. Through extensive research and interviews with major financial insiders, politicians and journalists, INSIDE JOB traces the rise of a rogue industry and unveils the corrosive relationships which have corrupted politics, regulation and academia. Narrated by Academy AwardÂ® winner Matt Damon, INSIDE JOB was made on location in the United States, Iceland, England, France, Singapore, and China.
Inside Job clearly documents the rise of the power of financial institutions to the point where they now clearly have corrupted both our political and financial systems. They document this in an almost understated way, letting the facts and participants speak for themselves. Both major political parties are equally complicit. The gutting of financial regulation started with Reagan, continued with both Bushes, was heavily aided by Clinton, and Obama essentially hired the same people who corrupted the system to clean it up thus assuring the status quo. Europe and Britain have made substantially more reforms than the US. Obama refused to limit corporate salaries even after 20 European countries did so.
The thought that continually ran through my mind tonight while watching Inside Job was, these people are criminals, nothing more. And the government protects them.
We need a change.