Encinitas, CA
\nDecember 30, 2015<\/p>\n
by Rich Scheck<\/p>\n
Another great movie about recent events that appears to be too
\nlittle, too late in showing us what is wrong with America.<\/p>\n
The Big Short does a good job of discussing the complicated
\nfinancial underpinnings of the nearly decade old housing scandal
\nthat went down at the end of the Bush Administration.<\/p>\n
With a great script and many excellent performances, the film
\ndoes it’s best to explain to the American public the how, why
\nand who of the events that rocked Wall Street and Main street
\nin 2008!<\/p>\n
But the sad news is that no one was held accountable for that
\ntragedy. Rather than being too big to fail, the perps were too
\nbig to jail.<\/p>\n
No one was punished. Instead, the banksters were bailed out!
\nThe can was kicked down the road and the hapless Obama
\nAdministration inherited a huge mess which it has done little
\nto clean up. Dodd-Frank also looks like, too little, too late<\/p>\n
Now, with the same problems festering along with new ones
\nand all attempts to revive the economy falling far short, the
\ndesperate gurus at The Fed and Treasury are talking about
\nbail-ins as a cure for what ails the bankrupt institutions.<\/p>\n
With hedge funds once again “dropping like flies” and the
\nhousing market in the doldrums, the hope of finding a way to
\nkick-start the economy and generate a real recovery remains
\nan elusive dream. The use of quantitative easing, bail-outs
\nand interest rate manipulations have all come up short.<\/p>\n
As the movie repeatedly states, the combination of greed
\nand stupidity insures that the only ones who suffer are the
\ninnocent workers here and around the world who put their
\nfaith in people who are deeply flawed and ethically challenged.<\/p>\n
The Big Short captures the energy and mind-set of the
\nwheeler-dealers who man (and woman) the world of Wall Street.
\nIt may not have adequately explained all aspects of the shady
\ndealings and only indirectly references the role of the SEC
\nand other government watch dog agencies.<\/p>\n
It also totally avoids any mention of the black budget that funds
\nCIA projects and apparently syphons money to the Secret
\nSpace Program described by Joseph Farrell, Richard Dolan
\nand Katherine Austin Fitts among others.<\/p>\n
It is a cross between The Wolf of Wall Street and the documentary
\nnarrated by Matt Damon, Inside Job (2010).<\/p>\n
In the end, a few benefited from all the corruption because they
\nhad the foresight and guts to bet against the greed-mongers.
\nBut as current events show, we are a long way from fixing the
\nflawed practices that led to the 2008 crash as well as far from
\never repairing the human flaw of greed that fueled it.<\/p>\n
As the articles below describe, the world financial system is
\nfaced with dramatic upheaval once again…..probably worse
\nthan in 2008 when the last collapse happened.<\/p>\n
I guess they’ll be making a movie about that in years to come.
\nThe question is: will more than a few be able to afford the
\nprice of admission?<\/p>\n
http:\/\/revolutionradio.org\/?p=117484<\/a><\/span><\/p>\n http:\/\/revolutionradio.org\/?p=117411<\/a><\/span><\/p>\n http:\/\/revolutionradio.org\/?p=117401<\/a><\/span><\/p>\n http:\/\/revolutionradio.org\/?p=117351<\/a><\/span><\/p>\n http:\/\/revolutionradio.org\/?p=117345<\/a><\/span><\/p>\n http:\/\/revolutionradio.org\/?p=117391<\/a><\/span><\/p>\n www.gizadeathstar.com<\/a><\/span><\/p>\n http:\/\/revolutionradio.org\/?p=117476<\/a><\/span><\/p>\n http:\/\/www.imdb.com\/title\/tt1645089\/<\/a><\/span><\/p>\n N. B.: The writer has limited understanding of financial matters. Encinitas, CA December 30, 2015 by Rich Scheck Another great movie about recent events that appears to be too little, too late in showing us what is wrong with America. The Big Short does a good job of discussing the … Continue reading
\nHe has followed the corruption and the associated scandals
\nover the years, but lacks the technical knowledge to fully
\ngrok all aspects of these shenanigans. He is clear that the
\nproblems that remain are getting worse!<\/p>\n","protected":false},"excerpt":{"rendered":"