First, I had this idea about the difference between conservatives and liberals. Republicans are willing to give up democracy to save capitalism, liberals are willing to give up capitalism to save democracy. This is clearly over simplified, and the profound confusion Republicans seem to show on what both capitalism and democracy are, are enough the refute the proposal.
Also, a fantastic history of the current financial meltdown can be found here:
http://www.truthdig.com/dig/item/20081108_financial_meltdown_101/
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