The Housing Boom and Bust
Glenn Beck and Thomas Sowell look back on what led to the housing bubble. Sowell talks about the numerous warnings that went unheeded, how our politicians have no incentive to learn from what has happened, when this downward cycle might stop and how, contrary to what’s taught in our schools, FDR’s actions prolonged the Great Depression by years, yet was given credit he didn’t deserve for shortening it. He says the same thing may happen with President Obama.
- Login to post comments

