Thu
Oct 9 2008
09:56 am

"Responsibility" and "values", two four letter words never to be uttered on CNBC, until this morning. Guest Jim Chanos offers context into how we got ourselves into this mess, context being another word not understood by CNBC. I don't know much about this gentleman but he might make a great Secretary of the Treasury. What a refreshing relief from Kudlow, Cramer, and Burnett. The first video is about 2 minutes long and should be required viewing for every citizen. The second one is about 5 minutes.

Jim Chanos - Responsibility and Values

Jim Chanos - Government Involvement with Banks

bizgrrl's picture

It is a sad state of affairs

It is a sad state of affairs that free market people who espouse it on the upside, embrace socialism so easy on the downside.

Exactly. Especially when the "socialism" is to their benefit. Wouldn't want to help other people in need during the up times.

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