Bad Money

September 19, 2008

Kevin Phillips

Bill Moyers says, “If you read only one book on the roots of this financial meltdown, I recommend … Bad Money: Reckless Finance, Failed Politics and the Global Crisis of American Capitalism. The author, Kevin Phillips, has a history of being way ahead of the curve [and] saw our current crisis coming a long time ago.”

Phillips, once one of the GOP’s top strategists, was a guest on tonight’s Bill Moyers Journal on PBS. Watch the chilling interview here.

In a nutshell, the news is not good.

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