The Personal Finance Industry Scam (with Helaine Olen)

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Pound Foolish, author Helaine Olen explained her background as a personal finance writer, how the personal finance industry got started, the story of 401ks, the problem with Suzy Orman, how the financial services industry turns what are political problems into a personal problems, the genius of Occupy, the urgent need to regulate and the financial services industry…

This clip from the Majority Report, live M-F at 12 noon EST and via daily podcast at http://Majority.FM

More info on personal finance below.

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iglwy says:

5 star video. I’m buying the? book!

VictorFr0st says:


*cough* SCHUMER *cough*?

SLRist says:

Buying and selling stocks is like playing roulette. The dealer (trading companies)? who take a cut of every transaction are the only net winners.

tknick90 says:

This “fend for yourself, personal responsibility” mentality is poisonous. We have a needless contempt for collectivism in America. Instead of collectively creating a safe country, we all individually carry guns. Instead of uniting together and? creating fiscally sound social safety for all, we make a tiny portion of our population ultra-rich so that some of us have the chance to get by. When somebody falls down we demonize them as “moochers” if they ask for help. Unity is dead in America.

kazooga1234 says:

i hate dave ramsey and shaytards listen to him it bothers me so much thank you for the? ha bisky vid

safeinsuburbia says:

sam, excellent move, reading personal finance for dummies! Next, read Harry Browne’s ‘Failsafe Investing’. ? Don’t trust anyone with your money. DIY !

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