It's the Ralph Nader Radio Hour.

Stand up, stand up.

You've been sitting way too long.

Welcome to the Ralph Nader Radio Hour. My name is Steve Scrovan, along with my

co-host David Feldman. Hello David, how are you this morning?

Very good. I don't care what Hillary Clinton says Steve. I like you. Thank you so much. I didn't know she was dissing me too. And we also have the man of the hour Ralph Nader. Hello,

for people who are obsessed about money this is their program.

Yeah, we're kind of following up our other show about monetary policy from last week

with this one because on the show today we

continue our discussion of the banking system and financial policy with author, historian, and

policy analyst Christopher Shaw, who has written a book entitled

Money, Power, and the People, the American struggle to make banking democratic.

Today the popular phrase to describe our banking system is too big to fail.

Most people see the financial system as this behemoth that cannot be controlled that will impose its

will and the rest of us and in spite of the crash of 2008 was bailed out at the expense of the rest of us.

In his book, Mr. Shaw reaches back into history to show us it wasn't always this way.

There were popular movements, grassroots movements,

consisting in workers, farmers, and sympathetic politicians that helped establish strong

regulatory framework, which reined in, at least for a while, the worst impulse is the financial industry.

Can that history be replicated today? Well, that's the question we're going to explore with

Mr. Shaw in the first half of the show.

In the second half of the show we welcome back old friend Lori Wallach.

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