Griftopia: a poll.

[Warren Stupidity]

Poll question: Griftopia: a poll.

Just got finished reading Matt Taibbi's book on the long con that was the Great Recession. I now know more than I ever wanted to know about CDOs and CDSs and ....

[BrklynLiberal]

1. I hav friends in Canada. I asked if I could live in their basement. I will cook and clean.

[Warren Stupidity]

3. Aye, the Canadians seem to have their heads on their shoulders.

Instead of up their asses.

[PoliticAverse]

2. It's a great rant. Worth it just for his of evisceration of Alan Greenspan. n/t

[earthside]

4. Next on my list.

Right now I'm reading "The Big Short: Inside the Doomsday Machine" by Michael Lewis.

This book explains how the subprime financial sector 'worked' before the September 2008 crash.

Man, that these Wall Street gamblers (and that is exactly what they are) still have as much power and wealth and influence as they do (Geithner, Summers, Blankfein, Dimond, Bernanke, Rubin, etc.) --- well, we are doomed.

And the sad thing is that there are folks out there who think that things have changed with the new financial regulations law ... they haven't in any meaningful way.

Sorry, DU pollyannas who think that the 'recovery' is taking hold, the economy is a house of cards built on the shifting sand of financial instruments and leverage and magical QE money -- the real crash is yet to come.

[Warren Stupidity]

6. GS et al are just prepping the next bubble. nt.

[madmax]

I was going to buy that book

but didn't. Guess it's back to Amazon.

Another book to read, the list is getting very, very long. If I didn't have a hearing problem books on tape would be great. I could clean and cook while listening.

[Warren Stupidity]

8. I would stay away from sharp instruments while listening to Griftopia.

You might hurt yourself.

[madmax]

10. Better stock pile the BP meds. nt

[EstimatedProphet]

5. Downloading from where?

[Warren Stupidity]

7. amazon, B&N, etc.

or the library for this new feature they've implemented: the analog download using the Vehicular Transportation Network, or v-net for short. The analog download comes in a MULTI-PAGE-ONE-USE-KINDLE! it is the greatest thing I've ever seen.

[EstimatedProphet]

12. Oh! With a Kindle! D'oh!

Makes sense now. Thanks.

[tabbycat31]

9. Haven't read it yet--- want to

[MountainLaurel]

11. Got it for Christmas

So I should probably be drinking while reading it?

[Warren Stupidity]

13. definitely

and I stopped drinking 22 years ago.