The best explanation of the subprime mortgage crisis (video)

by nicta Wed Dec 5th, 2007 at 05:48:14 AM EST

The Long Johns - The Last Laugh - George Parr - Subprime

Broadcast on 14/10/2007. John Fortune & John Bird on the South Bank show.

That is what Gordon Brown calls "the ingenuity of the market."

Diary rescue by Migeru

Yes, it's humor. but as we know all to well, it's just completely true.

The best explanation of the subprime mortgage crisis (video) | 8 comments (8 topical, 0 editorial, 0 hidden)

Re: The best explanation of the subprime mortgage (4.00 / 6)

An absolute classic of the genre. It takes a very intelligent person to understand very complicated things. It takes a genius to make them simple.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Nov 29th, 2007 at 12:28:06 PM EST

Re: The best explanation of the subprime mortgage (none / 1)

I was told this evening that they always improvise.

Don't fight forces, use them R. Buckminster Fuller.

by rg (leopold dot lepster at google mail dot com) on Thu Nov 29th, 2007 at 08:30:35 PM EST
[ Parent ]

Re: The best explanation of the subprime mortgage (none / 1)

Excellent video, well worth watching, thanks.

Don't fight forces, use them R. Buckminster Fuller.

by rg (leopold dot lepster at google mail dot com) on Thu Nov 29th, 2007 at 08:40:27 PM EST
[ Parent ]

Re: The best explanation of the subprime mortgage (4.00 / 2)

Scripted, that's already excellent.

As improv it's amazing.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Dec 5th, 2007 at 06:55:51 AM EST
[ Parent ]

Re: The best explanation of the subprime mortgage (4.00 / 4)

If you can find their hour long explanation of the Iraq war and Iraqi history, that makes more sense than any other explanation of why it wasn't going to work. and thats from the beginning of the whole affair.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Thu Nov 29th, 2007 at 03:13:31 PM EST

bit busy last night (4.00 / 5)

so here's a link to the full program

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Fri Nov 30th, 2007 at 08:13:06 AM EST
[ Parent ]

Re: bit busy last night (4.00 / 5)

Truly brilliant, and it gives the lie to those who say that people only opposed the war when it started to go wrong. The war was misconceived from the start, justified through the flimsiest of pretexts, and really makes you worry about the degree to which the US government can be hijacked by a small cabal of war entrepreneurs. International war crimes tribunals were created to try people like Rumsfeld and Cheney. It is time the US became compliant with international law and signed up to and implemented the relevant Treaties.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Nov 30th, 2007 at 12:05:13 PM EST
[ Parent ]

Re: The best explanation of the subprime mortgage (none / 0)

I replaced the link to youtube with an embedded video. The code is

((*youtube SJ_qK4g6ntM))

without the asterisk, and the instructions for embedding various kinds of videos are in the new user guide.

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Wed Dec 5th, 2007 at 05:54:33 AM EST

The best explanation of the subprime mortgage crisis (video) | 8 comments (8 topical, 0 editorial, 0 hidden)

Go to: [ European Tribune Homepage : Top of page : Top of comments ]

The best explanation of the subprime mortgage crisis (video)

Top Diaries

What's Next, After the Slam?

Shock Election Loss Rutte IV In Senate Race

Honduras Establishes Close Ties with China

A Return to Normalcy?

A Grand Slam for Ireland?

NI Protocol: It's all over bar the shouting?

Chinese peace principles for the war in Ukraine

The Windsor Framework

Recent Diaries

Neo-Nazi Marches Across Europe

Fascism Unites America, Israel and EU Neo-Nazis

What's Next, After the Slam?

Settler Extremism Blessed by Jerusalem Leaders

US Interference In Lebanon-Syria-Ira
q

City Agriculture - March 17, 2023

Shock Election Loss Rutte IV In Senate Race

Stalemate Endures, Pessimism Grows, Deaths Mount

Honduras Establishes Close Ties with China

A Grand Slam for Ireland?

Living In Spain and Social-Democracy

USA Censorship Act to Kill Disinformation

Flying Fortresses and Nuclear Threat

Universal Criticism Asylum Threshold EU Fortress

China Trade and Relations

SBU As a Terror Network

A Return to Normalcy?

Georgia and Foreign Agents or Spy Law

Nord Stream Blasts Timeline of Denial

Crimea As Endgame Before Going M.A.D.