It all comes from the way the media covers/frames, fails to cover or distracts from covering the news.

We still have the same morons in the media as well elected officials who allowed the impeachment of a president for a blow job by two adulterers.

Then we had Enron, no one even investigated why they failed or covered the price fixing hearings, just that they lied about it. If they had we could have avoided our current economic demise.

Then you have WMD, Natalie Holloway, the Runaway Bride, the Cruz ship queen and whole host of way more important issues than covering how are banks were insolvent and leveraged to the hilt. The S&L was not that long ago.

Funny how Greenspan oversaw both disasters, I guess the first one was not big enough for him. Really he should be hung, we don’t even need a real trial for that one. Talk about story that has not been covered. The man single handled destroyed the country with his contagious ideology, leading morons like Regean and Bush to think the supply side ponzi scheme could last forever. Then he tries to play dumb when asked about. Of course the idiots in the media are not smart enough to connect the S&L, and show the time line of the reckless rate manipulations that created the frenzy and then brought crashing down when the country was all in.

But I digress.

by sisco66 on 03/09/2009 06:03:47 PM EST