Everything you wanted to know about the financial crisis (UPDATED)

The best 10 minutes you're likely to spend today and don't balk at it's length... it's surprisingly fast-paced and most certainly educational:

And now comes word that the people responsible for the mess have come up with a "solution".

Congressional leaders and the Bush administration this morning said they had struck an accord to insert the government deeply into the nation's financial markets, agreeing to spend up to $700 billion to relieve Wall Street of troubled assets backed by faltering home mortgages. House and Senate negotiators from both parties emerged with Treasury Secretary Henry M. Paulson Jr. at 12:30 a.m. from a marathon session in the Capitol to announce that they had reached a tentative agreement on a proposal to give Paulson broad authority to organize one of the biggest government interventions in the private sector since the Great Depression. Full details of the plan were not immediately available.

Full details of this plan need to be vetted before the American public before it's passed.

A solution being foisted on us largely by the very people responsible for the mess in the first place cannot in anyway be trusted.

In. Any. Way.

UPDATE: Via MediaMythbusters, another video, nearly as long, showing Democrats, in their own words, defending that which led to this crisis:

Again, these are largely the same people trumpeting their solution to a problem they created... why in hell should we trust them?

We shouldn't.

And the fact that Bush is pushing this solution is simply sad. So very sad.