TV News LIES

Sunday, Jun 26th

Last update05:20:13 AM GMT

You are here News Editorials Capitalist Fools

Capitalist Fools

E-mail Print PDF

Behind the debate over remaking U.S. financial policy will be a debate over who’s to blame. It’s crucial to get the history right, writes a Nobel-laureate economist, identifying five key mistakes—under Reagan, Clinton, and Bush II—and one national delusion.

What were the critical decisions that led to the crisis? Mistakes were made at every fork in the road—we had what engineers call a “system failure,” when not a single decision but a cascade of decisions produce a tragic result. Let’s look at five key moments.

TVNL Comment: This article omits the biggest scam at the heart of all of our economic problems...the creation of the Federal Reserve. Private, for profit bankers were given charge of our money system. In essence they made money itself a for profit business. You can not earn money...you have to BUY their money!

More...


Most Recent Related Stories...


Bob Alexander: We Will Never Get What We Want or … The House Always Wins

loaded diceThe saying, What happens in Vegas stays in Vegas is the condensed version of:Every year people...

Access to Assault-Style Weapons Is an Assault on the Neighborhoods of America

Assault weapons banShock. Sadness. Grief for the families and victims. These are my first reactions to reports of...

Bob Alexander: What's the Signpost Up Ahead?

Burma ShaveFor anyone driving through the American countryside before 1963 there was a good chance they'd see...

How Israel Lost Its Latest Chance for a Peace Process

Israel lost its last chance for peaceLast Friday, after weeks of political maneuvering, Israeli Prime Minister Benjamin Netanyahu appointed Avigdor Lieberman to...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!