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Podcast: The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism
Episode: Remember the Savings and Loan Credit Unions
Description: Â For years Failing Government has taketh away. Â The Federal Reserve banking system is famous for causing recessions and finally the depression of 2007 that was blamed on Wall Street's bundling sub prime mortgages into trounces that were rated by Standard Pours to be rated as A, low risk, B, medium risk, C high risk, then using the same rating system for the B's and C's so each had A's, B's and C's. Â Wait a minute that dilutes the risk on risky sub prime mortgages doesn't it? Â All Wall Street did was take advantage of that blunder ... but then enters the new...