Here is the next installment on economics from the radio program This American Life by NPR. This episode is titled Bad Bank. You may want to take a sedative before listening to this, but by all means, listen. It will clarify much. You can click here to go to the website. Click on the icon for the "Full Episode" to stream it for free. It is about an hour long, so get some tea or coffee, maybe a little snack and plan to settle in for a while.
The most important part comes toward the end where they discuss who is REALLY to blame for this whole fiasco. Their conclusion is consonant with my thinking all along.
About Me
- Dubbahdee
- Live Free or Die, New Hampshire, United States
- Family guy, hurtling headlong through the late forties. Not complaining. Far from it. Life is what you make it, and life is good. I enjoy the love of one good woman. I revel in the joy of two strong and beautiful daughters. I delight in all that is true and good and beautiful. My business is all about words, ideas, and the business that they can create. My hobbies are mostly physical (except the ones that aren't), taken outdoors and often painful. I kind of like it that way. I'm not sure why. I just do. My faith is Christian and that makes me a sinner and a saint, swallowing the the Word, the Bread, and the Wine altogether, with the Nicene Creed for dessert, and all by the grace of Jesus. I'll converse about most anything, even if I don't know much about it. That's pretty much why I thought a blog might be a good idea.
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1 comment:
Whereas I wanted to cuss at the big pool of money, I want to cry at bad bank. These were well done and sobering.
Ron
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