A History Lesson - 08/06/12

The Wake Up Call show

Summary: The fate of financial criminals throughout the ages. Death was frequently not considered too heinous a punishment. Greenspan on the gallows? Hmmm… I just loved the one about “forecasters whose heads were wrenched around backwards to symbolize their inability to see what is in front of them”.  The varying fortunes of the different generations in history. Reasons for the decline in entrepreneurial spirit in America. (Concentration of power). The bulls’ versus the bears’ arguments. Why policymakers have been promoting a “blinkered” view of the world. A smaller percentage of Americans are working than when the last recession ended. More tortured unemployment statistics