The Financial Crisis, or, The Power of Nightmares

With a word-change here and there, and of course different visuals, BBC’s The Power of Nightmares works remarkably well for the current Financial Crisis.

Of course, a nightmare can manifest itself in reality. It is possible that the cries of Wall Street of Money, the cries of the Administration for Trust, and the cries of Congress for Power are well founded and not just a reflection of their perpetual desire for money, trust, and power.

We’re not given logical arguments for why such a thing might be true, other than vague arm waving, secret documents we can’t access, and the deeply held beliefs of truly incompetent people. Then again, even a stopped clock is right twice a day.