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Elizabeth Warren Explains the Financial Mess in Terms Anyone Can Understand!
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 Elizabeth Warren Explains the Financial Mess in Terms Anyone Can Understand! Elizabeth Warren, current Chairwoman of the Congressional Oversight Committee, has a great way of reducing complex economic concepts to simple sentences that the average person can actually understand. Here she discusses the stress tests, American economic history and the present sorry state of our national net worth with CNBC's Squawk Box crew and guest host, Arianna Huffington. The normally outspoken panel of Joe Kernen, Becky Quick and Carl Quintanilla - wonder of wonders! - actually allows Ms. Warren to speak at length, despite the fact that what she says is completely at odds with their own long-held beliefs about the role of government and the market. Warren points out that, with the exception of a 50-year stretch after the New Deal, the American economy has been on a roller coaster ride of boom and bust every 15 years.
Date : 10 mai 2009 - 03:47:16
Tags : News Economy CNBC Squawk Box Warren Oversight Stress Tests Bailout Regulation
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