Great Democracy Now! today - do listen.

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Five Ways Wall Street and Washington Set Us Up For the Crash: Author Nomi Prins Explains Where Congress Went Wrong on Lending

The worst of the economic crisis may be far from over. That was the message of Federal Reserve Chairman Ben Bernanke Tuesday. He indicated that the housing and financial turmoil will persist deep into next year. The Senate meanwhile is deliberating a bill this week that would provide government-backed loans to 400,000 homeowners on the brink of foreclosure. We speak former investment banker turned journalist and author, Nomi Prins about “Why the Economy Went South.”

Foreclosure Phil: Journalist David Corn on How McCain Campaign Adviser Phil Gramm Helped Create the Subprime Mortgage Crisis

In the latest issue of Mother Jones magazine, David Corn writes, “Who’s to blame for the biggest financial catastrophe of our time? There are plenty of culprits, but one candidate for lead perp is former Sen. Phil Gramm. Eight years ago, as part of a decades-long anti-regulatory crusade, Gramm pulled a sly legislative maneuver that greased the way to the multibillion-dollar subprime meltdown. Yet has Gramm been banished from the corridors of power? Reviled as the villain who bankrupted Middle America? Hardly. Now a well-paid executive at a Swiss bank, Gramm cochairs Sen. John McCain’s presidential campaign and advises the Republican candidate on economic matters.”

As Global Food Crisis Tops G8 Summit Agenda, World Leaders Enjoy Lavish 18-Course Banquet

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The Fruit Hunters: A Story of Nature, Adventure, Commerce, and Obsession