http://news.bbc.co.uk/2/hi/africa/7722631.stm
Big shock there, no one has cash for charity. We will see more and more poor suffering as the globe slides into it's economic tailspin.
You can read all about what got us here at the FDIC site; http://www.fdic.gov/bank/historical/s&l/. A lot of other nations were doing the same thig, so it's not just the US.
This all happened on Ronald Reagan's watch. He's dead, so I doubt he's bothered by all of it. I personally didn't see the drastic predatory lending kick in until 2002 here in the US. That's when I started to see this coming.
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