Musical contributions:
“Transatlantic” from the album Apricot Morning by Quantic.
Andrew Lachance: Cabin Recordings
“Je Je L’aiye” from the Album P.D.P. by Akoya Afrobeat Ensemble

Special thanks to Rick Prelinger and the Internet Archive

Learn more about how History Attacks at our blog.
http://whenhistoryattacks.wordpress.com/

Duration : 0:7:20

Technorati Tags: attacks, burns, Credit, crisis, depression, economy, Financial, history, jeff, mashup, Street, Wall, when, whenhistoryattacks

Author and historian Johan Norberg gives an abbreviated version of the events that caused the housing bubble and primed the financial crisis.

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How was it possible that in a world where thousands of people regulated financial markets the whole system crashed down? And should we now give more power to central banks, government agencies, politicians, and regulators? Isn’t that what brought us here in the first place?

Financial Fiasco digs deep into the foundation of the economic meltdown, revealing how it was the product of conscious actions by decisionmakers in companies, government agencies, and political institutions, and by consumers. Financial Fiasco tells the compelling story of how rate-cutting by the Federal Reserve inflated the real estate market and fueled increased risk-taking in the financial markets; how new government policies to promote home ownership blasted air into the credit bubble; how new financial instruments, credit-rating requirements, and accounting rules intended to prevent cheating backfired; and much more. – Cato Institute

Johan Norberg is a senior fellow at the Cato Institute and a writer who focuses on globalization, entrepreneurship, and individual liberty. Norberg is the author and editor of several books exploring liberal themes, including a history of liberal pioneers in Swedish history. His book In Defense of Global Capitalism, originally published in Swedish in 2001, has since been published in over twenty different countries.

Norberg’s articles and opinion pieces appear regularly in both Swedish and international newspapers, and he is a regular commentator and contributor on television and radio around the world discussing globalization and free trade. Prior to joining Cato, Norberg was head of political ideas at Timbro, a Swedish free-market think tank, from 2003 to 2005.

Duration : 0:2:45

Technorati Tags: bust, Credit, crisis, debt, default, economic, economics, finance, history, home, loans, mortgage, policy, ratings, recession, recovery

Duration : 0:3:46

Technorati Tags: adjustable, arm, carl, Credit, delmont, freedmont, history, mortgage, option, rate, scores

Duration : 0:1:29

Technorati Tags: AnnualCreditReport.com, Credit, Ely, equifax, Estate, Expert, file, fraud, Glink, history, identity, Ilyce, lender, monitoring, prevent, protect, Real, report, resolve, score, service, Steve, theft, Tips

Duration : 0:6:26

Technorati Tags: Credit, fico, history, improve, law, lexington, repair, score

Duration : 0:1:58

Technorati Tags: advice, af, agency, american, bad, bankruptcy, beacon, best, card, cards, ccrs, christian, company, consumer, Credit, history, repair, to

The above link leads to PBS’s “Frontline” program that investigates the banking and credit card history. I feel it is very important for any credit card consumers that they watch this report. It might reveal to you many disconcerting facts about how the credit industry is ran in the United States, and act as proof as to why reform is greatly needed.

Matthew Hawes
http://www.thehappyshow.net

Duration : 0:8:56

Technorati Tags: banking, card, companies, consumers, Credit, Frontline, Happy, Hawes, history, Matt, matthawes, of, PBS, reform, secret, show, the

Duration : 0:3:58

Technorati Tags: bank, Clinton, credit union, Delitzsch, finance, history, On Your Way, Orchard, Raiffeisen, Roosevelt

Duration : 0:0:38

Technorati Tags: bad, companies, Credit, erase, history, permanently

Duration : 0:1:15

Technorati Tags: advice, agency, american, bad, bankruptcy, beacon, best, card, cards, ccrs, christian, company, consumer, Credit, history, repair, to