Simple explanation of the Financial Crisis -- and how it came about

This essay also tells us what we can do about it (which really isn't much, except to hold on tight and ride it out).

Telling Bush, Cheney, and Congress to cut spending is like telling a hurricane to stop producing wind. The damage has been done -- and it was all fueled by greed. Chickens are coming home to roost.

SAY! I have an idea! Trillions have been spent and are continuing to go down a black hole in the Iraq war, which was not necessary and was started on lies by Bush & Cheney. Why don't we pull the plug on that war NOW? And pull the plug on the billions going to Halliburton, KBR, and other corporate buddies of B&C? Billions that they have pocketed for themselves, overcharging us taxpayers and cheating on what they delivered, to boot! But no--instead of that, Bush and Cheney are now planning to attack Iran and they are fully intent on doing so before the election in November! This is what has been wrought on us by those who voted for the worst administration in American history. And some of them voted for it TWICE! "Fool me once, shame on you...fool me twice...er, uh, um....it means you can't get fooled again!"--famous quote from our brilliant pretzledent.

Well, I beg to differ. Anyone who voted for B&C the first time and then voted again to keep them in office was certainly fooled again! And these people will no doubt vote for McCain, who predicts we may be in Iraq for 100 years! Talk about not learning from your mistakes! UGH! ERRRGH!!!

What you're not told about the Financial Crisis