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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

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MrPoliticsGeek! The Political Blog of Common Sense! The Average American Political Analysis through a young voice of America! In the recent weeks, Congress senate passed the financial reform to address the factors that led to the financial meltdown. But let’s be honest here, what is it even talking about? Derivatives? WTH is that? What does the reform do and how can it fail? sources: Credit Derivatives Explained: www.huffingtonpost.com C-Span discusses Financial meltdown: www.youtube.com Derivatives useful purposes: ezinearticles.com Derivatives’ stats: www.bis.org —also for simplified version of stats check out: en.wikipedia.org Media used: “3 Little Words” by Frankmusik I do NOT own the copyrights to these song/video. They are used solely for educational and commentary purposes!

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May 19 (Bloomberg) — Scott Talbott, senior vice president for government affairs at the Financial Services Roundtable, talks with Bloomberg’s Mark Crumpton and Julie Hyman about legislation to overhaul the US financial system. (Source: Bloomberg)

May 12 (Bloomberg) — US Senator Judd Gregg, a Republican from New Hampshire and a member of the Senate Banking Committee, talks with Bloomberg’s Peter Cook about the outlook for legislation to overhaul the nation’s financial system. Gregg, who is also the ranking Republican on the Senate Budget Committee, also discusses the significance of the Greek fiscal crisis for the US (Source: Bloomberg)

May 12 (Bloomberg) — US Senator Evan Bayh, an Indiana Democrat, talks with Bloomberg’s Peter Cook about legislation overhauling US banking rules. Bayh, speaking in Washington, also discusses proposals to change derivative regulations and limit proprietary trading by banks. (Source: Bloomberg)

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