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The SINGLE BEST interview about our current financial crisis PERIOD!

Listen to Frank Portnoy interview on NPR from Mondays Fresh Air show that details the derivatives market and associated financial instruments in the most concise form ever. EVERYONE needs to listen to this.

http://www.npr.org/templates/story/story.php?storyId=1023257...



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Definitely worth a listen

I think it's time to start prosecuting some of these banksters!
 
Freedom, Prosperity and Peace

 
Freedom, Prosperity and Peace

thanks herb... this explains

thanks herb... this explains how derivatives are responcible for the banks and AIG imploding.. Now go look at the derivatives on the silver market.. what do you think the price of silver is going to do?

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

great post.. as we can see

great post.. as we can see it is a house of cards. there is NO way we come out of this whole.. prepare for hard times.

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

Wow! Send that to Congressman Paul!

They need that, I think we can all use that when laying out the facts. He really knows all the points.

Thanks herbrp!!

I have it bookmarked to watch later!!

*****
"I truly wish that real life would no longer surpass the worst excesses of my nightmarish imaginings... Arthur Silber **

"I think we are living in a world of lies: lies that don't even know they are lies, because they are the children and grandchildren of lies." ~ Chris Floyd

You are welcome

Lengthy but worth the listen, although it may get your blood boiling!

beephree