Here is a reasonably good breakdown of the financial crises. Good stuff, but Olberman, changes the subject at the end and turns it into Bush bashing over stem cell research. Weird.
Found by Aric Mackey.
Found by Aric Mackey.
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A fairly accurate synopses of the whole banking failure. Even though he did not hesitate to point out where the Democrats were to blame, most of the responsibility falls quite correctly with the Republican led Congress and the sorry excuse they had for a President.
I can’t help but notice how the right wing nuts are all in an uproar because their mentors were outed as the leading cause of the current depression. Just like they were in 1928 and 1929 and then again 1987.
Mr. Fusion,
I’m not a member or promoter of either of the two corrupt major parties, so I can see plenty of blame on both sides of the putrid isle. However, there were regulatory agencies that didn’t come remotely close to doing their jobs and a complicit mainstream financial media. But I think you are correct in claiming that the ultra-right and their FAITH (there’s that word again) that everything would come out AOK if everything were totally deregulated are heavily at fault here.
Talk about the blame for the economic crisis, what about the G20???
Check out this parody which demonstrates the G20 situation
http://www.youtube.com/watch?v=3YrzjrmuaUI