With all the talk about bailouts, bonuses, foreclosures, excess spending, and the growing deficit, have you ever wondered, “how the hell did we get here in the first place?”
I have written countless articles on The Slow Bleed that talk about various individual components of this immense screw up. Most of them target a horrific combination of greed and stupidity.
Recently someone sent me an article that appeared in Rolling Stone Magazine. I have to say, it is probably one of the best soup to nuts explanations of not only what went wrong, but also what is still going wrong. The article is a bit long, but certainly worth reading; and probably more than once. When your done, let me know what you think. [Read more...]
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