NCPA Forms Economic Taskforce to Analyze 2008 Crash

DALLAS, Texas, April 30, 2015 /PRNewswire-USNewswire/ -- The National Center for Policy Analysis (NCPA) today launched the Financial Crisis Initiative, a coalition of top economic experts who will research and report on the causes and effects of the 2008 financial crisis and recommend solutions for the future. 

Economic experts from many sectors are warning that current economic trends point to an impending economic crash – possibly of equal magnitude to the Great Recession of 2008.

The task force consists of independent experts and ethicists dedicated to "making the world better by determining exactly what happened, why it happened, and what is needed to prevent crises in the future," says NCPA Board Member and Taskforce Director Dennis McCuistion. "We will focus specifically on the transparency issues facing the federal government and innovative policies to overcome them."

Over the course of two years, the NCPA's Financial Crisis Initiative will hold congressional conferences, webinars and a national summit to publicize its findings to lawmakers, experts and the public.

McCuistion outlines more details in this video.

"The NCPA's Financial Crisis Initiative (FCI) will provide a critical analysis of what led America into the 2008 financial crisis – and why it matters to the average citizen," said NCPA President/CEO Allen West. "The bottom line is that when government deems something a 'right,' it then establishes agencies to advance that government oriented 'guarantee of happiness,' that uses crony capitalism to attract specific private sector entities, promoting nefarious practices and scandalous actions."

"The FCI will assess this phenomenon is depth, help us all to understand the warning signs and educate us so that we prevent this from happening again," said West.

FCI leaders and experts also include:

Diane Casey-Landry: NCPA Working Group Leader – Government Entities, Policies, Laws and Regulations Founder and Managing Director of DCL Banking Advisors, LLC

Marianne M. Jennings: NCPA Working Group Leader – Transparency and Ethics Emeritus Professor of Legal and Ethical Studies at the WP Carey School of Business, Arizona State University

C.K. Lee: NCPA Working Group Leader – Financial Institutions Managing Director in the Financial Institutions Group of Commerce Street Capital, LLC

Richard Bowen: Citigroup Whistleblower, UT Dallas senior lecturer, and CPA

Richard M. Ebeling: BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel, in Charleston, South Carolina

Cary M. Maguire funded the two-year NCPA initiative, saying, "As it says in the Bible, 'the truth will set you free.' We can make much better decisions and priorities if we can get the real truth from our leaders."

The NCPA made the FCI announcement today during a Dallas speaker's event with intelligence advisor and New York Times bestselling author James Rickards, author of The Death of Money: The Coming Collapse of the International Monetary System, a follow up to his 2011 New York Times Bestseller Currency Wars: The Making of the Next Global Crisis.

The National Center for Policy Analysis (NCPA) is a nonprofit, nonpartisan public policy research organization, established in 1983. We bring together the best and brightest minds to tackle the country's most difficult public policy problems — in health care, taxes, retirement, education, energy and the environment. Visit our website today for more information.

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SOURCE National Center for Policy Analysis