Wednesday, February 18, 2009

Not to miss: FRONTLINE, "Inside the Meltdown"

"On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. "There was literally a pause in that room where the oxygen left," says Sen. Christopher Dodd (D-Conn.)."

Frontline goes "Inside the Meltdown"

Watch the video (if you haven't already.)


  1. I watched it last night, really enjoyed it.

  2. If you like being the duped of a con job, you'll enjoy this faux documentary.

    This piece amounts to propaganda to deflect the truth about what happened.

    This deceptive work lames blame on Bear Stearns.

    The rhetoric gets laid on thick with such phrases of "systemic risk" and "moral hazard" as well as praise for Ben Bernanke as "expert on the Great Depression"

    Bernanke isn't in spite of the claims made by himself and others.

    The documentary makers position Bernanke and Henry Paulson as caped crusaders, as superheroes who saved the day.

    Also, the makers parade a cast of fools like pretend economist Paul Krugman.

    Of course, the culprit for the economic collapse is the charter monopoly for the manufacture and distribution of money and credit money -- the Federal Reserve.

    To learn fast what happened to the economy, read this piece by preeminent Swiss economist Marc Faber [ ].

    If you like others lying to you so you can sleep better at night, you'll enjoy this psy op.

  3. I just watched it. The "documentary" just reiterated (which was probably not their intention) the fact that there is no plan, anywhere. Government actions in the last 2 days say the same thing. Keep hanging on - it ain't over.

  4. Janie, I'm with you.

    The only problem I see is just what are we supposed to grab onto so we can hang at all.

  5. I also really enjoyed.

    But Smack and Janie - let's be serious, we didn't really need a documentary to tell us that the government is making it up as it goes along....

    I once heard Paulson described as a big bull - he moves, he breaks it.


  6. Rebecca, You made me laugh!

    I felt for Paulson everytime he would grace my Bloomberg, standing before cameras, stuttering away.

    I wondered if he suffered from nervousness or if lying made him stutter.

    And you're right about our government Rebecca, although it seems as if the entrenched Political/Financial elite are making it up to save themselves and not us.

  7. Yes, we know, Rebecca. haven't we been commenting on this all along? But, it needs to be repeated ad nausem so we don't forget and fall for it. As for where to hang on, Smack, guess you just have to choose your own Higher Power. There are no safe havens anymore.
    Did you all see the Mythbusters' segment on the bull in the china shop? Those blasted animals tiptoed around all the shelves of dishes better than the ballet!!