The Delivery Presents – The Show in Which I Wade Into High Finance
By now, you know from listening to the show that I can get a little bit excitable, and that oftentimes that excitability comes out against those who would be my political allies. That happened again in Episode 130.
I’ve seen a lot of blog posts and news articles about the housing and credit crisis, but none that delved into the actual causes of both like two books I’ve recently read: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon
The reason it’s important we know why the credit and housing markets imploded is that we will undoubtedly see other bubbles in other markets and some of the same stuff that happened in banks, investment houses, government offices, and mortgage companies may well happen again. People with a desire to make a bazillion dollars greater than their own good sense will devise elaborate schemes that won’t be illegal but will certainly be wildly reckless. And we’ll need to recognize when it happens so we can stop it before it escalates to disaster. We have to get it right so that we don’t go through it again. We really don’t want to go through this again.
As it happens, both my picks for the AFC and NFC Championship games came up wrong, though I am glad to see that they were just a little bit wrong. I pretty much came within a play in each game of being almost completely right, which doens’t count for very much, I’m afraid. That’s why I never bet on sporting events. Almost doesn’t count for much when money is on the line, right? Perhaps, if I get courageous, I’ll try to pick the Super Bowl, Just promise me you won’t actually put anything tangible on my prediction!
Other Posts of Interest:
- The Delivery Presents – The Capitalism I Want (Plus a SPECIAL ANNOUNCEMENT)
- The Delivery Presents – Hippies, Hockey, and How to Do a Zombie Show
- The Delivery Presents – History and “Heat”, Intelligence and Honor
Category: The Delivery
[...] don’t go through it again. We really don’t want to go through this again.As it happens, both my picks for the AFC and NFC Championship games came up wrong, though I am glad to see that they were just a little bit wrong. I pretty much came [...]