In this edition of Press TV’s ‘On the Edge with Max Keiser’, Max has an interview with Chris Martenson, who does a lot of blogging on finance and economics at his site chrismartenson.com. He is a scientist by training and was a VP for a fortune 300 company. Enjoy the show.

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Join Dr. Chris Martenson as he explains the three E’s of the economy, energy, and the environment and how they are interrelated in this condensed version of his three hour Crash Course. As Chris often reminds us in the Crash Course, “The next twenty years are going to be completely unlike the last twenty years.”

Senator Dodd Tries To Screw Financial Reform

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Dems Battle Over Financial Reform Bill

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Why The Proposed Financial Reform Sucks

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President Obama announced the introduction of the new consumer financial protection agency, which will execute a plan for regulation reform that would improve the current “patchwork system” full of outdated regulations and lax oversight that helped lead to last year’s crisis,” and “stand up, not for big banks, not for financial firms, but for hard-working Americans.” Such changes, he says, would prevent consumers becoming victims of “predatory practices of some in the financial industry …

Was the lack of regulation on financial derivatives the main cause of our economic collapse? Or was it the easy money that Fanny Mae and Freddie Mac were giving out for home mortgages like there was no tomorrow? I would say that it was both, but there were other factors involved as well. The way I see it is that there was overregulation on one hand, Fanny and Freddie, while on the other hand there was under regulation when it came to these derivatives. I believe that this economic crisis we …

  
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