Fareed Interviews Michael Lewis on GPS (Part 1 of 2)

[MjHoladay]

“amazon allows web visitors to read the first chapter of Michael Lewis's "Boomerang | Travels In The New Third World" for free

( amz­n.toBACKSLASHpFY0H­k ). Even if you don't agree with the points he makes (and I do agree), it can't be denied that he is a good writer.”

[danger0usknowledge]

How much coverage does Lewis give to predatory

lenders like Roland Arnall & Ameriquest Mortgage?

Arnall was so tight with Bush the Texas Rangers

renamed their stadium Ameriquest Field till 2007

when AG's started doing Bush's job of regulating

in the courts. Arnall racked up 50 Billion in subprime

funding by 2005. Lehman did the securitization &

got what they deserved. The book on "patriot" Arnall

is called "The Monster" which was slang for the #

of added on HIDDEN loan points (20).

[pretorious700]

Nothing will ever change as long as government is controlled by big speculative organizations, period. Witness the "too big to fail" nonsense and the bailouts. The tail wags the dog.

[danger0usknowledge]

4 months ago Michael Lewis sat down with 30-40 Republican politicians

They talked with Lewis for 3 hrs about the credit mess

LEWIS COULD NOT BELIEVE HOW IGNORANT THESE GUYS

WERE ABOUT WHAT HAPPENED TO THEIR COUNTRY.

2 yrs after Nov 07 & these guys were just finding out what happened.

This means that Shelby, Bunning, Bond none of them read/know anything.

The teabaggers they represent? HA!

They tune into Glenn Beck, not to find out what he thinks,

but to find out what they "think".

[flipoff1018]

@danger0usknowledge

Except thats not true

[danger0usknowledge]

@flipoff1018 - It is true about the meeting and it is true about

Lewis' reaction. It is true that the exact words Beck uses somehow

find their way into teabag vocabulary & signs. Why is this true?

Because large rallies are organized by PR professionals who make

sure that the message appears to be unified. It is true that

not every teabag person believes Obama is a fascist &

it is true that word would never appear if not for Beck.

[pretorious700]

@danger0usknowledge Idiots like you actually believe there is a difference between the 2 political parties, disregarding overwhelming proof to the contrary. I'm guessing you are under the age of 30, or just stupid.

[danger0usknowledge]

@pretorious700 Would the RNC ever have done ACA? Never. B4 ACA Big Insurance was in charge. After ACA, b/c of lobbyists, Insurance is still in charge... except that pre-existing conditions (like yours) no longer disqualify for coverage.-) The RNC likes to spread the fallacy that "they're both the same party" or "both parties are corrupt" (not to the same extent) It discourages voting which exaggerates the voting power of their base, who always vote, out of proportion to their numbers.

[pretorious700]

@danger0usknowledge He also sat down with the same number of Democrats, and drew the same conclusion about them. Gee, I wonder why you left that part out?

[danger0usknowledge]

@pretorious700 He did not

[cepivon]

Oh, right, I'm SURE the CEO's didn't know what was going on---right--and I've got some swampland to sell you.

[veegta83]

@cepivon

Check this out. Its a guy who does really helpful maths videos. He's non-partisan and analyses the bailout.

Bailout 13: Does the bailout have a chance of working?

[ERROLCUSTERFLYNN4EVR]

why haven't the cronies and lackeys on the angelides panel subpoenaed this guy for all he knows????

[JustinmacD]

Lewis is one of the best authors out there.

Read all of his books. Hilarious guy.

[Tobbajs]

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[Bergarna11]

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