Crisis! Coup! Fascism!

Take two hours to listen to This American Life’s programs on the massive credit crisis brought on by unregulated crony capitalism: The Giant Pool of Money, and last Sunday’s Another Frightening Show About the Economy. TAL has easily the best and fairest assessment of the crisis that I have come across.

Representative Brad Sherman on fear mongering and the threat of martial law:

Naomi Wolf on the steps to fascism taken by the current regime:

It’s hard not to dismiss a lot of the points that Naomi makes, but I don’t know if her solutions are that viable, or if we’re in “April of 1933″. Then again, as Schopenhauer said: “All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.”

(via boingboing and metafilter)

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