At the three minute mark of this video by Paddy Hirsch, you will understand how reckless securitizations, bad government policies, and a deeply flawed credit rating system, combined with a party atmosphere on Wall Street and a reckless global investor class to create a good portion of the mess we’re in today.

This entry was posted on Sunday, July 4th, 2010 at 12:20 pm and is filed under business, Democrats, idiots!, New Media, Republicans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.