Aired 04/29/08 KEVIN PHILLIPS, Author," THE POLITICS OF RICH & POOR; AMERICAN THEOCRACY" And his newest - "BAD MONEY: Reckless Finance, Failed Politics and the Global Crisis of American Capitalism." KEVIN PHILLIPS describes the consequences of our misguided economic policies, our mounting debt, our collapsing housing market, our threatened oil, and the end of American domination of world markets.