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You are visiting my site on: March 2, 2024

How did we get into the Financial Mess?

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So you are confused about the upheaval of the national financial markets, and want someone to tell you just what’s happening, and what we should do about it… right? Well you are not alone. On my radio show this past Sunday, caller after caller expressed concern, rage and disgust over how our elected officials have handled the financial mess we seem to be in today. Why were these banks, insurance companies, and other financial entities allowed to run rampant with little or no regulation? And it hits right home to Louisiana when companies like AIG take a nosedive, as I wrote in last week’s column which you can read by Clicking Here. So who do you turn to for the best overview of where we’re been, and where we ought to go? I can suggest two sources to watch or listen to below. CNBC’s Jim Cramer lays it all well with his no holds barred approach. (See video below.) And yours truly, on this past Sunday’s show, summed up how irresponsible the financial oversight has been. You can also listen to a short clip of my comments below. Unfortunately, we will be talking about this problem for a long, long time to come.

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Online Videos by Veoh.com

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