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  • Fraudulent "Credit Crisis" Paves Way for Economic Disaster

    12/16/2008 8:31:25 AM PST · by EternalVigilance · 77 replies · 2,972+ views
    Accuracy in media ^ | December 15, 2008 | Cliff Kincaid
    Doing the kind of investigative reporting we should expect from the major media, a financial research and consulting firm has released a major analysis of the “credit crisis” that concludes that the claims made by Treasury Department Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke to justify a socialist takeover of the financial industry were demonstrably false. The analysis, Flawed Assumptions about the Credit Crisis: A Critical Examination of US Policymakers, concludes that the result of the unjustified massive federal intervention in the economy could be similar to the economic crisis in the Weimar Republic of 1922, where disastrous...