Politics


Saturday, May 14, 2011

Wag the Dog: Bad Movie-Good Politics



I awoke this morning with my son watching a very bad movie starring Will Ferrell and Mark Wahlberg, the Other Guys. And as is typical I sat through it still half asleep when the closing credits caught my attention. The movie was about a Ponzi scheme gone horribly wrong. Well, the credits produced a series of easy to understand graphics describing what takes places during a Ponzi scheme and described in very accurate detail the conditions that led to the recent bank bailouts, i.e. TARP.

I highly recommend watching this video if you are perplexed by what TARP is and why the Republicans are attacking teachers, unions, pensioners, etc.

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