We convinced the world that Iraq had WMD . They did n't . We convinced the world that our currency was safe and secure . It was n't . We convinced the world that our mortgages were appraised , triple - A rated , and as good as gold . They were n't . We convinced the world , post - Sarbanes - Oxley , that are CEO 's were legit , and that their personal guarantee was on their companies ' financial results .

Based on the preceding passage, answer the following question What may be the purpose of the post ?
To describe recent events