MovieChat Forums > Inside Job (2010) Discussion > Does not give you the full picture

Does not give you the full picture

posted 9 years ago by cooler56
5 replies | jump to latest

I thought that this documentary gave a very limited scope in regards to the events that led up to the 2008 recession and after.

Firstly, they made it seem like before the 80s, banking was a very modest and quiet profession with little money to be gained from.

This is not true, banking and betting money in the form of lending money has always been extremely profitable and some of the richest people in history made their money off of it (J.P. Morgan, The Rothschilds).

The movie seems to focus on the deregulation boogeyman, when it extends further beyond that. What happened today didn't start in the 80s. It happened way earlier than that. I am surprised that the movie did not talk about the role of the federal reserve bank, or the fractional-reserve banking system that allows banks to speculate and create money out of thin air.

I found it troubling that they interviewed shady characters such as George Soros and Dominique Strauss-Kahn who make money off betting against currencies and the economies of other countries.

Also, the movie only briefly touched other events that were related to the Recession, such as the Eurozone Debt crisis. I felt that they could have explored that more and the causes behind it.

Overall, I was disappointed with how little this movie gives in regards to the whole picture. We are hardly in any sort of "Recovery," and there is still more to come. Buckle your seatbelts, and look out for the long-waited sequel, "Inside the Inside job."

[–] Jason_Hoehn 9 years ago

Let me guess, you liked ZEITGEIST ... You're almost quoting it.

Yes the system was there before the 80's. The system has always been under attack by the greedy, and the system DID have better safety valves. Your argument could go back further, and further. Honestly you could go back to the creation of MONEY if you want to talk about corruption in government, it's been around forever.

What this movie did was clearly lay out was which link led to the other. They could have done it your way, about corruption in government, but rather than a 120 minute movie it would be a 37 part series. This movie is about this one moment in business history.

And de-regulation is a horrible thing. When it comes to money, people are driven by greed. Get rid of regulations (also known as the law) and greedy thieves will do their best to create their own system, and then steal from it (Putin could write a book on how to be corrupt) We put rules in for a reason, to prevent fraud and crime. If there is no law, people will do whatever they want, because there is no law preventing them from theft.

De-regulation is a very very bad thing.

[–] yusef-ghanima 9 years ago

no, the invention of the personal computer in the 1980s was essential in creating the new economical phenomena, and money before the 1970s were covered with gold.

i mostly will not be able to answer your reply, since marissa mayer hacked my email, no notification

[–] I_need_more_cowbell 8 years ago

Are you saying the gold standard was in effect until the 1970s? Wow...you are DECADES off on that. Know your subject before you make blind, wildly inaccurate statements such as THAT! Come on!

[–] UNTRugby 8 years ago

Maybe you should learn the subject more. While FDR killed a lot of the gold standard the dollar was still linked to the price of gold until 1971.

[–] LnineB 8 years ago

So what you are saying is that you wanted a Ken Burns like docu-series on the whole event. Half of America has no idea what happened to cause the Recession and really don't care because it's safe for them to blame a single entity like Bush or Obama. Another 1/4 of America wouldn't even sit through this movie to find out about the instigators of the situation. An epic 8 hours documentary on the root cause of the banking industry fail would fall on worse than deaf ears.