Bob McCarty Writes

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 [...]

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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 [...]

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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, [...]

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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 [...]

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