The Man who Invented "Too Big to Fail" Recants
Dr. Tom Palley, AFL-CIO & Author, From Financial Crisis to Stagnation: The Destruction of Shared Prosperity and the Role of Economics, joins Thom Hartmann. Austerity has taken out Greece - Spain and Italy - and now it's trying to destroy the United Kingdom's economy too. How can Americans prevent the great economy destroyer known as austerity from coming across the pond? Plus - the man who invented "too big to fail" recants on CNBC.