Daily Kos writer Devilstower wrote an outstanding essay this weekend on the financial crisis, and how exactly we got into this fine mess. Markos Moulitzas hails it as possibly the finest DKos post ever; high praise indeed from a truly gifted and humble man. This article has even been chosen to be the cover story for The Nation.
The saga of our 2008 financial meltdown has its roots in the Savings & Loan scandals of the 1980s, continuing to the de-regulation frenzy of the past 25 years, to the California energy "crisis" brought upon by the likes of Enron, to today. At the end of it all, greed, ideology remain. These are the men who have destroyed the American Republic. Read and weep.
"Three Times is Enemy Action"