Moyers & Company

The New Robber Barons

We've just watched as Washington paid off financial interests with provisions in the new spending bill that expand the amount of campaign cash wealthy donors can give, and let banks off the hook for gambling with customer (and taxpayer) money. It all sounds strikingly familiar to the First Gilded Age, says historian Steve Fraser. But back then people rose in rebellion against the powers that be.

The New Robber Barons

24m 43s

We've just watched as Washington paid off financial interests with provisions in the new spending bill that expand the amount of campaign cash wealthy donors can give, and let banks off the hook for gambling with customer (and taxpayer) money. It all sounds strikingly familiar to the First Gilded Age, says historian Steve Fraser. But back then people rose in rebellion against the powers that be.

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