Remarks From Remarksman

September 21, 2008

The Giant Pool of Money

Filed under: Uncategorized — BrianB @ 5:42 am
Tags: ,

While it is still not clear what the big government bailout of all the “toxic waste” mortgage derivatives really means, there was a radio program on This American Live back in May that is very helpful in understanding how we got into this economic mess. Click here to open the page in a new window. You can click “Full Episode” on that page to listen to the whole hour-long program. It starts a little slow, but is worth listening to if you have time.

Meanwhile, a friend has pointed out that it may not have been coincidence that just weeks after Elliot Spitzer openly accused the Bush administration of helping foster the sub-prime loans and predatory lending practices that led to the current crisis in his Feb. 14 Washington Post Editorial he was politically destroyed by an unusual investigation. Was he targeted and politically destroyed for making the accusation? There is what seems like a balanced article at the Huffington Post with an analysis.

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