REAGAN to BUSH FINANCIAL FIASCO EXPLAINED
We have been mired in a financial disaster for years. Opinions fly back and forth about who is to blame. It seems overwhelmingly complicated to explain the cause of this mess. The average person simply throws up his/her hands and gropes around for political cover so blame can be rendered. There is a place to find a complete and understandable explanation that gives facts, visuals, interviews, historical backdrop, proof, facts, honest statistics, etc.
Every American should view the documentary film "Inside Job" that won the Academy Award for Documentaries, and received international accolades for accuracy and film-making. It is an extraordinary film. It is loaded with factual informtion and gives the complicated subject-matter clear and understandable coverage. All the names are there in interviews and facts...George W. Bush, Paulsen, Ronald Reagan, Volcker, Clinton, Greenspan, and all the CEOs, Treasury Secretaries, financial "wizards," presidential advisers, Wall Street insiders, financial traders, bankers, and many among them who are out-and-out crooks.
Beginning with the deregulation of business and financial matters by President Ronald Reagan, on throughh further breaks for financial behemoths under Geo. H.W. Bush, through the years when a Republican Congress distracted Clinton and stole the farm, through the most crooked presidency in history under George W. Bush, the facts are laid out as never before. And you will be able to understand them.
Bush chooses a Secty. of the Treasury, who sells his stock holdings and receives a no-tax break that gives him a free personal ride on $50 million. The financial ratings companies [i.e. Standard and Poor's] are controlled by the very financial groups they are supposed to rate [who go belly-up weeks after receiving the highest ratings]. Bush advisers are unable to answer simple financial questions posed to them. The entire financial empire in the U.S. collapses, yet the top executives get off with billions of dollars in bonuses.
The entire scheme is for the few to make a ton, and the rest of the nation suffers. If you think the Wall Street picketing has any merit, wait until you watch this film. It is financial robbery committed by the top political and money people. They have stolen your country. Pause. And they are back for more. And there are no penalties.
Somehow, get to see "Inside Job." Get it from a movie rental company. Get it from a library. But get it!
There can be no question who is to blame for our current financial disaster. Hint: it ain't Obama. HOWEVER President Obama is not agressively seeking to prosecute, and he has allowed far too many of the Bush criminality to remain in place. While Obama has had his own problems and other things he has promotted, overlooking the financial stealing going on has this nation on the brink of collapse. And the crooks who were paid billions and billions of dollars to perpetuate these crimes are still free to rob.
