The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report

Author: Financial Crisis Inquiry Commission

Publisher: Cosimo, Inc.

Published: 2011-05-01

Total Pages: 692

ISBN-13: 1616405414

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The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.


The Faiths of the Founding Fathers

The Faiths of the Founding Fathers

Author: David L. Holmes

Publisher: Oxford University Press

Published: 2006-05-01

Total Pages: 241

ISBN-13: 0199740968

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It is not uncommon to hear Christians argue that America was founded as a Christian nation. But how true is this claim? In this compact book, David L. Holmes offers a clear, concise and illuminating look at the spiritual beliefs of our founding fathers. He begins with an informative account of the religious culture of the late colonial era, surveying the religious groups in each colony. In particular, he sheds light on the various forms of Deism that flourished in America, highlighting the profound influence this intellectual movement had on the founding generation. Holmes then examines the individual beliefs of a variety of men and women who loom large in our national history. He finds that some, like Martha Washington, Samuel Adams, John Jay, Patrick Henry, and Thomas Jefferson's daughters, held orthodox Christian views. But many of the most influential figures, including Benjamin Franklin, George Washington, John and Abigail Adams, Jefferson, James and Dolley Madison, and James Monroe, were believers of a different stripe. Respectful of Christianity, they admired the ethics of Jesus, and believed that religion could play a beneficial role in society. But they tended to deny the divinity of Christ, and a few seem to have been agnostic about the very existence of God. Although the founding fathers were religious men, Holmes shows that it was a faith quite unlike the Christianity of today's evangelicals. Holmes concludes by examining the role of religion in the lives of the presidents since World War II and by reflecting on the evangelical resurgence that helped fuel the reelection of George W. Bush. An intriguing look at a neglected aspect of our history, the book will appeal to American history buffs as well as to anyone concerned about the role of religion in American culture.