The Lending Crisis Is Becoming a Poltical Battleground
By Danny Schechter, AlterNet
Posted on December 3, 2007, Printed on December 4, 2007
http://www.alternet.org/story/69557/
So where is this credit crisis going? How will it end? What's the prognosis?
As the citizen of a country without an attention span, everyone wants some else to play forecaster and tick off what must be done. And they want it quick and simple even though there are no real quickie responses to a complicated problem. Almost any reassuring soundbite will do. The questions are predicable. What should I do to protect my money? Can't they fix this, after all our economy is supposed to be, oh so, "resilient?"
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