So how many "Tickle Me Elmoes" are we, the taxpayers, gonna explanation of the crisis in simpler terms

  • Posted by a hidden member.
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    Sep 18, 2008 8:20 PM GMT
    "So how did 235 years of rock-solid American finance disappear virtually overnight? Well, it's not as complicated as you think. If you replace all of the acronyms invented by the brainiacs on Wall Street with references to things that Main Street understands, it becomes a lot easier to see how it all happened. Here's a quick story I invented that does just that."

    What I find ironic about Beck's attitude is that he is a conservative who I would normally expect to tell how brillant business is! ... icon_lol.gif

  • styrgan

    Posts: 2017

    Sep 18, 2008 11:50 PM GMT
    You forgot the best part:

    "Note to any Wall Street executives who might be reading this: I know this simple little story isn't perfect, but let's remember that you're the ones who tried to make everything complicated and I'm the one who still has a job."

    Although I usually can't stand Beck because of how obnoxious he is, he's exactly right about where this mess is going.