FLU I have to admit that I tend to agree with Eugene. I think that even if a goat were president, economies do cycle and in a few years the natural cycle will turn up again. I hope it is not the case but I really do think it will be that way.
One thing that is somewhat ironic is the president of France seems to have more of a backbone then our president. This is a strange world we live in.
As for the game being rigged?
How can that be news to anyone? The lady in PB who is a default queen… do you guys think she is dumb… or perhaps she is pretty smart. I would assume she knows exactly what she is doing. Also it is quite convenient to blame speculators and people like her for running the market up. However consider that many people who did not speculate but simply bought something they couldn’t afford were just as responsible for pricing you and I out of the market.
We are in an era where people have thrown in the towel and said screw it, government “take care of me”. Get as large as you have to get, tax us as much as you have to, just take care of us. Guys like Barney Frank and his boy Chuckie and Dodd have more power now then they have ever had. The game was rigged in the Bush years and now it is even more rigged. I agree and am angry as well.
The best thing I can propose is to try to figure out a way to make money off it rather then fight it.
