Friday, October 3, 2008

Whose Fault is it? - The Economic Crisis & The Newly Passed Bailout

In light of the blame game being played by both political parties in the debates and the utter lack of understanding by most Americans about how our economy got into the toilet and why, I decided to post this much needed info by Factcheck.org regarding who really is at fault for this current economic catastrophe.

The article is from Newsweek. Enjoy.

UPDATE: added short video clip about a recession being a necessary medicine for the fever that ails our economy; that we should welcome recession instead of continuing the same practices and trying to postpone it.

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