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I know that there are probably a few among you who already listen to This American Life on National Public Radio (NPR). I'm also fairly sure there are a couple of you who would rather have certain sensitive parts of your body nibbled off by rabid, nearsighted weasels with dull teeth than be caught dead listening to NPR.
But please give the episode of This American Life from two weeks back a chance. Each week, This American Life takes a single topic and presents from one to five segments that all relate to that topic. It's usually very entertaining.
The May 9 show was titled "Giant Pool of Money." The topic: the mortgage crisis in America. Two guest hosts (regular host Ira Glass was unable to talk much because of what sounded like a raging case of laryngitis), one of whom was Adam Davidson, NPR's International Business and Economics correspondent, examine exactly what happened to lead us to where we are now, with defaulting mortgages, banks in crisis, credit in the toilet, and the housing market in a very bad slump.
And I promise, they only bring up Alan Greenspan once in the entire show. They never once imply that it's all George Bush's fault. :)
Give the episode a listen by podcast. It's available from the link above to the show itself, or you can find it on iTunes or probably other podcast sites.
This is not just a series of voices droning on. This is a fascinating and surprisingly entertaining story presented as a series of interviews with people from a homeowner in foreclosure all the way up the chain to some of the movers and shakers on Wall Street. I have a much better understanding of the series of hair-brained decisions—at all levels—that got us where we are.
But please give the episode of This American Life from two weeks back a chance. Each week, This American Life takes a single topic and presents from one to five segments that all relate to that topic. It's usually very entertaining.
The May 9 show was titled "Giant Pool of Money." The topic: the mortgage crisis in America. Two guest hosts (regular host Ira Glass was unable to talk much because of what sounded like a raging case of laryngitis), one of whom was Adam Davidson, NPR's International Business and Economics correspondent, examine exactly what happened to lead us to where we are now, with defaulting mortgages, banks in crisis, credit in the toilet, and the housing market in a very bad slump.
And I promise, they only bring up Alan Greenspan once in the entire show. They never once imply that it's all George Bush's fault. :)
Give the episode a listen by podcast. It's available from the link above to the show itself, or you can find it on iTunes or probably other podcast sites.
This is not just a series of voices droning on. This is a fascinating and surprisingly entertaining story presented as a series of interviews with people from a homeowner in foreclosure all the way up the chain to some of the movers and shakers on Wall Street. I have a much better understanding of the series of hair-brained decisions—at all levels—that got us where we are.
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