A rap about what led to the current state of the economy, why the financial crisis is happening, and what the Bail Out Plan means for you and me. Written and Performed by Michael Bird Directed and Edited by Andrew Grissom

President Barack Obama from Racine, WI [June 30, 2010]

Barry Eichengreen – renowned professor of Economics and Political Science at the University of California Berkeley, former senior advisor to the IMF, author of “Globalizing Capital: A History of the International Monetary System”, and editor of “Rescuing our Jobs and Savings: What G8 Leaders can do to Solve the Global Credit Crisis” – provides a detailed overview of the financial crisis. He discusses at length: (a) the excessive risk undertaken by a variety of financial institutions as a result of gradual deregulation of financial services sector in the second half of 20th century; (b) the role of both Republican and Democratic parties in maintaining deregulation policies following introduction of US President Ronald Reagan’s “free markets” ideology in 1980; (c) the inability of the US to properly manage or channel massive capital inflows from the developing world – especially China – during the last decade; (d) the failure of Bush administration to mount an adequate response to the financial crisis on account of its initial state of denial, financial engineering mindset, and “free markets” ideology; and (e) actions – such as, interest rate increases, deficit reduction, recapitalization of banks, and economic stimulus – that would have greatly mitigated the severity of the financial crisis. In addition, he dwells on: (f) the impact of the financial crisis on American power and globalization, as well as (g) the nature of institutional reforms required at global level to …

Another part of a video series from Wordonfire.org. Father Barron will be commenting on subjects from modern day culture.

Cartoonists and comedians have a field day as Greece battles its worst crisis. Al Jazeera’s Barnaby Phillips explains.

The markets will collapse in the next month, but there is hope. The bottom is almost here. What should you do in the next six months? Are you ready?

Gerald Celente : Financial Armageddon 2.0 Gerald Celente on abc6.com – What’s Next For Our Economy? check out abc6 page with Gerald Celente interview at ww.abc6.com and for more Gerelad Celente Interviews go here : geraldcelentechannel.blogspot.com

May 24 (Bloomberg) — Jim Bianco, president of Bianco Research LLC, talks with Bloomberg’s Matt Miller about Europe’s financial crisis. (This is an excerpt of the full interview. Source: Bloomberg)

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.”

May 21 (Bloomberg) — Gary Townsend, president and co-founder of Hill-Townsend Capital LLC, talks with Bloomberg Television about legislation overhauling the financial regulatory system. (This report is an excerpt. Source: Bloomberg)