Causes of and solutions to Economic Recession/depression and financial meltdown (talk notes)

Intro—I am Pete Bohmer, Thanks for coming. today’s forum will deal with 4 questions— beginning not an end. 1) What caused this financial melt-down—, 2) what are the implications of the bailout of banks and financial institutions last week and the related bailouts of financial institutions such as BearStearns, AIG. Fanny Mae and Freddie Mac—for the financial system, and more importantly the economic lives of the people of the United States and other countries—3) What is likely to happen economically over the next two years in terms of unemployment, wages, quality of life, and 4) what are alternatives to the bailout that we should be advocating for? Hopefully, today will help answer some of these important questions…

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Financial Meltdown Talk, October 9, 2008