Friday, October 3, 2008

The Subprime Primer

This Powerpoint has been making the rounds since early spring when news of the subprime mortgage crisis first broke. Now that we're looking at at $700 billion bailout, I think it does some good to get reacquainted with (or just plain understand) how America got here in the first place.

Despite the stick men figures, this makes the subprime crisis understandable/makes me all the more angry at the level of greed that ensures the haves will always have more than the have nots.

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