Tuesday, September 30, 2008

Burning Down The House: What Caused Our Economic Crisis? V2

Wondering how this crisis happened?


Blogger Tim said...

It's hard to argue with that, but I am sure they will spin it somehow.

10:56 PM  
Blogger supercublogger said...

Spin isn't even the word. They'll just ignore it. And continue the blame game. Business as usual. I'm wondering when are we gonna hear all the cries for trials and investigations and hefty jail time for those responsible, like Ken Lay was put through?

This far outweighs anything Enron could have ever done to our economy, let alone the world economy. Yet, no names come forth for blame on the nightly news, except Bush's. hmm. I wonder why ;) As the video points out, those folks who pushed for Fannie and Freddie to do what they did which led to this, are now in a certain presidential contenders' campaign. Interesting. So, don't hold your breath for any real news about who caused it. Just YouTube and stuff like that will present the argument. The 'news' as a trusted purveyor of information to the public is long gone. Long gone.

1:48 PM  

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