Cash_thatswhatiwant
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Sun Feb-01-09 02:14 AM
Original message |
FRONTLINE investigates the causes of the worst economic crisis in 70 years |
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Run time: 01:23
https://www.youtube.com/watch?v=BFqIUmcwfyc
Posted on YouTube: January 30, 2009
By YouTube Member:
Views on YouTube: 0
Posted on DU: February 01, 2009
By DU Member: Cash_thatswhatiwant
Views on DU: 2415 |
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krkaufman
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Sun Feb-01-09 03:12 AM
Response to Original message |
1. thanks for the heads-up. n/t |
Maineman
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Sun Feb-01-09 09:44 AM
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Three senior economists who work for the Federal Reserve Bank of Minneapolis claim that the current credit freeze crisis began as vastly overstated fear mongering very similar to the run up to the invasion of Iraq. Surely this is another case of criminality by the Bush-Cheney gang. Link: http://www.afterdowningstreet.org/node/39461
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whistle
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Sun Feb-01-09 11:11 AM
Response to Reply #2 |
4. That's correct the whole thing has been an engineered financial and economic crisis |
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...based on predatory capitalism where access to key database information was extremely limited and incomplete, fraudulent and even deceptive data was distributed to the masses of players.
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Jambalaya
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Sun Feb-01-09 01:12 PM
Response to Reply #4 |
5. Big Brother Capitalism |
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Wasn't there a report last week that NSA was mining credit reports,along with recording domestic citizens'phone calls and e-mails?
And aren't people now being denied credit or having their credit lines reduced due to profiling their shopping habits?
BTW,the Pritzker family of Chicago,through their Marmon Group,own Transunion credit reporting agency.If you recall,Obama originally selected one of the Pritzkers,Penney,of Hyatt Hotel fame,as Commerce Secretary. She,however,demurred.
As an aside, the Walton Family and Goldman Sachs invested one billion in the Hyatt Chain in '07.
As a result,Rob Walton and Goldman Sach each have a chair on the Hyatt Board.
It's difficult to believe there would be a lack of access by the financial powers that be.
I am in agreement however,that it IS a form of economic "shock and awe"to control our behaviors.
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newmac
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Sun Feb-01-09 10:17 AM
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3. The republicans will attempt to blame this entire crisis on: |
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You guessed it; Barney Frank. "If only that queer hadn't been helping people get housing loans"
Never mind the criminal crowd that's been if office for 8 years looting the store.
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Cash_thatswhatiwant
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Sun Feb-01-09 03:57 PM
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JayMusgrove
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Sun Feb-01-09 05:30 PM
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7. Well stated. Barney is an easy target because he's not a straight guy. |
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And the Bush criminals are not even in the sites of the Rethuglicans.
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cynthia
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Sun Feb-01-09 09:36 PM
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8. I'll have to make time to watch this |
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