By Numerian posted by Michael Collins

What America really needs is a Commission of Truth, that would outline how Selfishness became triumphant, how it has devastated our country, and what we as a community and as a nation must do about this

What’s it like spending two years doing thankless work that, in the end, is going to be ignored by the very people who asked for your services? The members of the Financial Crisis Inquiry Commission have just found out. Their 662 page report is sinking rapidly into oblivion in official Washington, and is now destined to be of interest only to historians. This was fully predictable. The Commission was given a charter by Congress to tell us who, what, when, and where about the financial crisis, but they were not allowed to explain why. To understand why this crisis occurred would be stepping on way too many powerful toes in Washington, and for this reason the Commission was told not to make any policy recommendations to Congress that would help prevent such a crisis from occurring again.

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Part #3 of Understanding Capitalism and Socialism

by Joaquin

With the great financial crisis of 2007-2010 all over except for the screaming and yelling; and the yelling and screaming is over because oil spilled all over it; and with the oil spill all over because someone parked a SUV with toy timers on it in Manhattan; it's time to understand how the financial crisis was solved; so let's get started. By the way, aren't we all glad the financial crisis is over? Well except in Greece and maybe Spain, Ireland, Portugal, Italy and the UK; don't forget California and other bankrupt states, counties, municipalities, and your parent's pension; not to mention a giant national debt that is ballooning out of control; but yeah otherwise the financial crisis is over. How do we know its over? Well, just turn on the financial news anywhere and you will hear that the recovery is in full swing except for people having jobs and buying houses. The crisis is so over that it has been over and over. I mean if you Google "housing market has bottomed" you can find out that the housing market has bottomed out constantly since 2006.

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