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Lies, Lies And More Dirty Lies That The Government Tells Us By Jesse Ventura

638 Words3 Pages

Jesse Ventura’s book, American Conspiracies: Lies, Lies, and More Dirty Lies That the Government Tells Us, is a collection of controversial theories about various historical events in the United States. The book highlights the author’s belief that the government is hiding many secrets from its citizens, and its primary objective is to maintain its power over the people. In chapter 13, titled “The Wall Street Conspiracy,” Ventura claims that the U.S. government has been in cahoots with Wall Street bankers to exploit the financial system for their benefit, and that it was the main reason behind the 2008 financial crisis. This paper aims to provide a critical analysis of the book's claims and assertions in chapter 13 by analyzing the arguments presented and examining external sources. Jesse Ventura argues that the government and the financial industry work together to manipulate the financial system for their benefit. He claims that Wall Street bankers had prior knowledge of the impending 2008 financial crisis and used it to their advantage, while the government turned a blind eye to their illegal activities. Ventura cites the role of the Federal Reserve, the Securities and Exchange Commission (SEC), and other regulatory agencies that failed to prevent the crisis. …show more content…

He argues that the bankers knew that the housing market was a bubble and would burst, and they used this information to their advantage by selling risky mortgage-backed securities to unsuspecting investors. This argument is supported by the documentary Inside Job, which examines the financial crisis and its aftermath. According to the documentary, Wall Street bankers intentionally exploited the housing market for their benefit, leading to the collapse of the financial system (Inside Job,

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