Saturday, February 13, 2010

Who is Brooksley Born?

Never heard of her?Neither had I until the PBS Frontline documentary told her story of how she exposed the eventual credit derivatives meltdown back in 1994 under the Clinton administration.Yet,we are told by Obama that no one saw this coming.Greenspan may be gone,but other members of the effort to keep her quiet hold prominent positions in the administration today.I know this is not hot news today,but if you haven't watched it,it's very eye-opening.Our government was absolutely wide eyed about this looming catastrophe and took all the necessary steps to encourage it.

Today,we are taking all the right steps to get these bubbles re-inflated and insure that the financial meltdown repeats itself,only at a far greater magnitude.More to come...

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