What Really Happened, by Jaames
It's very difficult, when you have expertise in a jargon-filled, technical field, to translate your knowledge into understandable English for people not in your field. I have struggled in my own novel to make the law interesting, entertaining and accessible.
Tackling the sub-prime mortgage crisis is such a daunting task -- mortgage backed securities, the Glass Steagall Act, capital requirements... Yikes! Enough to make anyone's head spin.
Jaames has done it. Politics be damned. He has taken the factors that he believes caused the 2008 meltdown and, in a detailed, cogent, and ultimately accessible series of articles, turned them into riveting reading. http://www.thenextbigwriter.com/library … /toc/58051
You may not agree with his conclusions, assuming you have the depth of knowledge he has. You might spot politics in his article that you don't agree with (whether he intended it or not), and you might think he is spotlighting certain offenders without spotlighting others.
But you can't deride the work he has poured into this three-part (soon to be five-part) series. It reads to me like one of those CNBC "American Greed" exposes.
Not easy material, but fascinating stuff, well-organized and well-written.
Last edited by GPyrenees (03-18-2012 23:29:03)
Re: What Really Happened, by Jaames
Forgive me, GPyrenees, I should have responded to this sooner. Thank you. I just get so fed up with the sanctimonious declarations from of basher-morons who have no idea the degree of different machinations that brought upon the crisis. And when I called them on it, they sulk and make me the bad guy. Stupid, Pavlovian, knee-jerk stupidity.
What I wrote is exactly how it happened. Sorry if someone doesn't agree with it. They can remain at peace with their heads buried in the sand.
"Writing is an act of ego, and you might as well admit it. Use its energy to keep yourself going" William Zinsser, "On Writing Well"
"No one becomes a Tom Wolfe overnight. Not even Tom Wolfe." -- I forgot who said that.
"The first draft of anything is shit." Ernest Hemingway
"I am not a good writer. But I am a good re-writer." James Michener