Inside Job, the latest documentary on the current financial crisis, is disappointing, which would explain why The Guardian advertised it with interviews of bankers etc last weekend.
And I was horrified to see undead George Soros portrayed as some kind of sacred prophet and innocent.
JP Morgan Chase was mentioned at most twice, and when I say mentioned I mean mentioned in passing and not analysed.
Bilderberg was not mentioned once, despite Martin Wolf of the FT popping up a few times.
The Rockefellers and the Rothschilds were not mentioned either, not once.
The Federal Reserve system itself was not exposed either as being neither Federal or not having any reserves.
I knew the fix was in when Gillian Tett at the FT, who allegedly wrote the 'definitive' account of the crash, was shown many times. Tett believes in the 'shit happens' theory of history.
Inside Job goes after the minnows of Wall Street, the Summers', the Hubbards' and the Mishkins of this world; men with some power but nowhere near the real pinnacle of Wall Street power.
Greenspan was mentioned in passing.
No mention of where the banks got their money, ie the money does not physically exist and they simply created it out of nothing.
And Inside Job does not propose a solution.
Eliot Spitzer, yes he of $1,000-an-hour call girl fame, is interviewed as an expert witness. The film ends with Spitzer saying that he is the last one to criticize Wall Street having been caught in a prostitution sting.
But, and it is a small but, it is worth watching...but with a few caveats as mentioned above.
The Goldman Sachs link is analysed in some but not great detail.
There is one poignant graph in Inside Job. It shows the amount of money pumped into the US economy after the Gramm-Leach-Bliley Act. It looks an awful lot like the CO2 graph that Al Gore forecasts in An Inconvenient Truth.
I doubt Inside Job will be shown in every school in the UK, like An Inconvenient Truth was.
Perhaps the documentary should be renamed An Inconvenient Inside Job.
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