TV News LIES

Friday, Oct 31st

Last update07:39:32 PM 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...


Alex Baer: Armageddon Out of Here

TV coverageMoney makes decisions Sanity never would. Fear, too. This adage applies to an awful lot of...

Why American Exceptionalism Is Inherently Immoral

AmericaThe origins of the phrase “American exceptionalism” are not especially obscure. The French sociologist Alexis de...

Bob Alexander: This Is Worse Than That

cowspiracyStop me if you know the answer to this one, “What is the one single industry...

Bob Alexander: The Clown Behind the Monster is a Monster

monster clownOnce upon a time there was a thoroughly mediocre man. He was incapable of finishing secondary...
 
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!