Raise the Hammer

JonC >> I'm smart enough to know I don't have all the answers.

Really, did you not say these things...

1.)What do you think would happen if Freddie Mac or AIG or Bank of America or JPMorgan folded (which all would have happened without intervention)? Do you honestly think oh well, some investors are out some money. The American economy would grind to a halt

One more time..."The American economy would grind to a halt"

That sounds pretty definitive to me. Here's another thing you said...

2.)Of course, the government insures all bank deposits to a certain dollar amount so they'd be picking up the tab on those which would cost slightly more than the bailout. But by then it wouldn't really matter anyhow, since even if people were able to arrange financing through some new private financier, their currency would be worthless. And of course law & order, civilization going to hell, everyman for himself.

Once again, for someone who claims to not have all the answers, these are some pretty bold predictions. Here's another one...

3.)Economic events are set into advance years and decades in advance. I know you don't get "things" but that's how it is.

Once again you are lecturing the rest of us about how things really work. I like this part..."I know you don't get "things" but that's how it is." So according to you, I don't understand how things work, but YOU do. Really, based on what criteria? Here's another thing you said...

4.)When you compare the 90s to this decade, you are completely clueless that the wealth of the 90s and the early part of this year was created due to deregulation leading to inflated values. That unrealistic surge in value is directly responsible for the current economic crisis.

According to you, I am clueless about how deregulation caused the money supply to expand, which lead to increased asset values. First of all, what does deregulation have to with money supply? The Fed controls the amount of money in circulation and therefore the rate at which asset bubbles take shape. You don't even understand the basics of how the economy works and yet you feel confident in calling me an idiot. Take a look in the mirror my friend.

Once again, I have provided strong correlations that deal with a period of strong economic growth, if you don't agree, that's fine, but why such hostility? Here's a suggestion, lie down, soak up what I have been telling you and come back when you're not so angry.

By the way, I see you avoided answering every question but this one. Why is that?

>> Teams of people with lifetimes of experience in the field don't have them. At best they can speculate, hope they turn things around

Your problem is that you are listening to the wrong people. Stop listening to people who "hope" they can turn things around and start researching people who actually turned things around.