stephen
09-30-2008, 01:41 AM
since there seems to be sooooooo much finger pointing going on lately about the current state of our economy, i did some research, and found an article published in 2003 by pbs.
http://www.pbs.org/wgbh/pages/frontline/shows/wallstreet/weill/demise.html
it's basically a list of events that led up to what we're dealing with now. the crazy part is, it was predicted back in the 80s that this would happen...and a few greedy individuals helped bring it full circle...starting in the 60s! the 2 most recent, and prominent names include BILL CLINTON (that hurt to see his name there), GEORGE BUSH SENIOR (i was shocked to see his name too), and mccain's economic advisor PHIL GRAMM (he was a mortgage lobbyist for some SWISS bank...also the same guy who called american's "a nation of whiners").
discuss...
http://www.pbs.org/wgbh/pages/frontline/shows/wallstreet/weill/demise.html
it's basically a list of events that led up to what we're dealing with now. the crazy part is, it was predicted back in the 80s that this would happen...and a few greedy individuals helped bring it full circle...starting in the 60s! the 2 most recent, and prominent names include BILL CLINTON (that hurt to see his name there), GEORGE BUSH SENIOR (i was shocked to see his name too), and mccain's economic advisor PHIL GRAMM (he was a mortgage lobbyist for some SWISS bank...also the same guy who called american's "a nation of whiners").
discuss...