Greetings, y'all listening to Podcast No. 149 of Blast the Right.

I'm your host Jack Clark, great to have you on board.

You'll learn how to discuss the current financial crisis in a way that'll let

you cut through right-wing lies like a hot knife through butter. Let's get right

into it. Your sources today include the New York Times, Media Matters.org, the

Boston Globe, Reuters, the Washington Post, the website of the US Treasury

Department, Time Magazine, and PR.org, the CIA Factbook, and Maclanchie

newspapers. Imagine you are the ultimate right-winger, one of Wall Street's

masters of the universe. You've made huge profits by engaging in reckless

financial behavior. Your irresponsible actions have brought the world's financial

system to the brink of collapse. You then grab hundreds of billions, if not

trillions of dollars more, as the government tries to stabilize and repair the

system. Finally, to top it all off, to put the cherry on the hot fudge Sunday. Is

there any dessert better than a hot fudge Sunday? Vegan ice cream, of course, and

vegan butter earlier. To top it all off, you largely succeed in blaming the

entire mess on a liberal gay congressman and a federal law designed to help the

poor. Liberals gazed the poor, three right-wing bugaboo's. This is a right-winger's

fantasy dream, and it seems like it's coming true for them. Listen carefully. In

order to counter all the right-wing spin and outright lies about the causes of

the global financial crisis and the best remedies for it, you have to see the

entire picture, put everything in context. Let me sketch for you an overall

framework, and then afterwards I'll detail each of its pieces. The framework has

...