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TopicFreedom, Liberty, Ron Paul - The Topic [Tom Woods] [Bob Murphy] [Adam Kokesh]
SmartMuffin
07/14/12 3:39:00 PM
#154:


So, I just finished reading "The Big Short" by Michael Lewis. It was pretty good. I was expecting a "bash the rich" sort of takedown of the evil, greedy, capitalists who made millions "betting against the American people," but he didn't really go that way too much. Instead, it was a much more realistic character study of some of the main guys who were out there saying "Hey, this is all a bunch of fraud and it's going to collapse," and nobody listened to them.

Well, he covers SOME of them at least.

Peter Schiff isn't mentioned. The Austrian Business Cycle Theory isn't mentioned. Ultimately, the narrative is still that incompetence and greed on the part of wall street caused the bubble and the collapse. Ben Bernanke is mentioned a couple times, but doesn't get nearly the credit he deserves for this whole thing. The government's role in all of it is largely ignored.

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