General Discussion
In reply to the discussion: FRONTLINE..special report unbelievable. [View all]riverbendviewgal
(4,396 posts)I found that after watching the Hoover show I had a greater understanding of what happened when the bailout and TARP were implemented. If was not done I think we really would have had a depression, perhaps worse than the 30s.
Mitt Rommey reminds me of Hoover and what Hoover did and Hoover's fellow Republicans did after the stock market crash ..just what the Republicans want to do now.
I saw part 1 and 2 on my PBS coming out of Detroit last night .
It was like watching the movie TOO BIG TO FAIL again, which I have seen at least 4 times.
Quite incredible that this show had the real players and video reports.
What I found so striking was how McCain in part two acted in the great DC conference he called for just before the election. He was not at all equipped to handle the impending disaster and seemed speechless and quite uninformed. Obama really had a handle on it..
I highly recommend this. You can watch the first two episodes now on
http://www.pbs.org/wgbh/pages/frontline/money-power-wall-street/