Burning Down The House: What Caused Our Economic Crisis is, perhaps, the best video yet to explain the current economic crisis and offers details about the political players involved, including presidential candidates John McCain and Barack Obama and several of the folks most responsible for the crisis.
UPDATE 9/29/08: It appears the video that is the [...]
‘Burning Down the House’ Explains Economic Crisis
September 27th, 2008 · 5 Comments
Tags: · Affordable Mortgages, African-American applicants, bad government regulation, Bank Collapse, Barack Obama, Barney Frank, bear stearns, bundling, burning down the house, burning down the house video, calvin robertson, Campaign Contributions, carter administration, citibank, clinton administration omb director, Community Reinvestment Act of 1995, countrywide mortgage, cra, Democrats, deregulation, Education, failed economic policies, fannie mae, fannie mae ceo, Foreclosures, franklin raines, free markets, Gas Prices, Goldman Sachs, government mandate, government-sponsored enterprise, great depression, home ownership, Home Ownership Rates, Home Prices, house of cards, Housing Bubble, Housing Enterprise Regulatory Act of 2005, investment banker, jim johnson, John Kerry, John McCain, lehman brothers, main street banks, McCain, Melvin Watt, miner barnhill and galland, minority neighborhoods, Nancy Pelosi, Obama, obama's political philosophy, opensecrets.org, Pelosi, poor people, predatory lenders, responsibility, self-interested lawyers, social engineering, Sub-Prime Loans, Time Bomb, Variable-Rate Mortgages, Wall Street
Treasury Secretary Addresses Crisis in Markets
September 19th, 2008 · 4 Comments
Offering the basis for what might one day become a reality television show, Treasury Secretary Henry M. Paulson Jr. delivered “Extreme Makeover: Financial Markets Edition,” the name I apply to the statement he delivered in Washington, D.C., this morning:
“Last night, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox and I had a lengthy and [...]
Tags: · aig, american international group, Ben Bernanke, chris cox, Congress, Economy, Extreme Makeover, extreme makeover: financial markets edition, fannie mae, Federal Reserve, federal reserve chairman, financial markets, financial security, financial system, freddie mac, illiquid assets, lehman, lehman brothers, money market, mortgage assets, mortgage-backed securities, mutual fund, paulson statement, sec, sec chairman, talk like a pirate day, taxpayers, treasury secretary, treasury secretary paulson
‘Talk Like a Pirate Day’ Festivities Began Early
September 19th, 2008 · No Comments
Though today is International Talk Like a Pirate Day, it seems some on Wall Street and in Washington, D.C., started celebrating early. Beyond just talking like pirates, however, they actually looted and pillaged the nation’s financial markets.
By some estimates, the losses at Fannie Mae, Freddie Mac, Lehman Brothers and AIG, just to name a few, [...]
Tags: · aig, Barack Obama, congressional quarterly, countrywide, countrywide financial, cq, Democratic Party, Democrats, fannie mae, finanial markets, franklin raines, freddie mac, international talk like a pirate day, jim johnson, lehman, lehman brothers, looting, low-interest loan, Obama, office of management and budget, pillaging, pirate day, presidential nominee, raines, talk like a pirate day, walk the plank, Wall Street
Readers Invited to ‘Household Name Death Match’
September 18th, 2008 · No Comments
I invite you to participate in a “Household Name Death Match” and tell me which of the following three names is recognized by the most man-on-the-street average Americans:
Jim Johnson, Former Fannie Mae CEO/Lehman Executive and now covert Barack Obama campaign advisor/contributor;
Franklin Raines, Former Fannie Mae CEO and overt Obama campaign advisor/contributor; and
Ken Lay, Former Enron [...]
Tags: · bankrupt entities, Barack Obama, bush contributor, enron ceo, fannie mae, fannie mae ceo, former fannie mae ceo, franklin raines, household name, household name death match, jessica's well, jim johnson, ken lay, lehman brothers, lehman brothers executive, Obama, obama advisor, obama contributor, presidential nominee






Multiple Guest Appearances
"Mohammed the Bear" Stuff
"Don't Taze Me, Bro!"
"Yikes! I Might Be...Militia!"
Ramadan Coke Post
Credentialed Poll Watcher
HERO SHOT
Mitt Romney Post
"2007 BugsGoneWild.com Calendar"
Ramadan Coke Post


























As of 12-31-08



















