William Black: One of A Few Truthtellers in America

I attended this lecture in Los Angeles of William Black describing the root problem of how the greatest economic bubble in world history occurred. There is no better expert to listen to than this brave American. Black wrote the book, "The Best Way to Rob A Bank Is To Own One". He also was the top regulator in the Savings and Loans scandal back in the 80's. The difference between that crisis, and our current catastrophe is the S&L crisis was in the 100 billions, and this crisis is in the quadrillions. But, the most glaring difference between then and now is HUNDREDS of people were put in jail for the fraud they committed in the S&L crisis, and ZERO people have been indicted in this crisis. In fact, we have rewarded the criminals for their fraud and failures. This lecture is a must see for anyone interested in seeing how we got here, and what the real solutions are to this crisis. The Obama administration has hired the failures that created this crisis to solve the problems. Geitner, Summers, and Bernanke helped usher in the deregulation, and lack of oversight that have led to our utter ruin. While most of America focuses on the Health Care bill, the banks are exploding with Toxic Assets. Every solution that has been put in place for the past year has made the crisis worse. The longer we go without real reform, and real investigation, and real indictments, and real solutions the worse it is going to be for the entire planet when this thing explodes. And mark my words this thing will explode. The root of all our problems is this Financial Crisis. Nothing else matters. Please watch this presentation, and start pushing our Congress to listen to people like William Black who actually have a record of success.