Bill Moyers sits down with Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout. This show aired 3rd April, 2009 on PBS (US).
There seems to be more need for us now to remember our national identity than ever. God bless England, happy St. George’s Day.
There’s been much talk of late about seeing better times ahead, green shoots of recovery or market bottom over the last couple of weeks. Don’t believe a word of it. The bear market rally of the last month or so is running out of steam, liquidity injections are starting to run dry and fundamental problems [...]
Welcome to the new Post Modern global reality where almost nothing you see is real and certainly nothing you hear has any meaning. Enjoy it while it lasts because chilling reality has a historical record of making a showing sooner or later and the longer it is frustrated the worse the reality is when it [...]
