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The financial crisis explained... by the Brits

This is hilarious but also sheds light on how ridiculous the whole situation is. We're basically rewarding very wealthy people for greed and incompetence simply because they are so powerful that the alternative is total financial collapse. Interesting times...

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» The Modern Day Bailout from Prose Before Hos
In case you are wondering, the avatar for Progressive Economics is John Kenneth Galbraith. Two of his books are especially relevant considering recent financial turmoil: The Great Crash, 1929 describes the famous Wall Street melt down of stock prices ... [Read More]

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