Instead, the Treasury and the Fed are urging us not to examine the crisis and to believe that all will soon be well.
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Frank Rich, writing in the NY Times on 10/18/09 concurs:
The less that we the people know, the easier it is for reckless gambling to return to capitalism's casino, and for Washington to look the other way as a new financial bubble inflates.
Economist Dean Baker chimes in, lambasting the Federal Reserve for blowing the bubble, and pointing out that those who caused the disaster are trying to shift the focus and stop any real corrections as fast as they can:
The current craze in DC policy circles is to create a Ă ??systematic risk regulatorĂ ? ť to make sure that the country never experiences another economic crisis like the current one. This push is part of a cover-up of what really went wrong and does absolutely nothing to address the underlying problem that led to this financial and economic collapse.
Baker continues:
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