Marcelo Marrom relembra participação no programa do Jô

While politicians on both sides of the aisle go on cable news and try to deny their involvement in the current financial crisis and pretend that over the last eight years there was nothing that they could have done to prevent the circumstances that created the largest structural meltdown since the Great Depression. The reality of the situation is clear to those on the outside looking in. The current situation is a tragic combination of mismanagement and bad economic theory.

Anyone facing foreclosure knows that in most cases that they have been snookered. Funny how mortgage contracts will adjust for increasing payments, but none adjust down if the economy goes bad.