[italianquaker]

shouldnt this clown be on a ledge somewhere

[tracer]

"shouldnt this clown be on a ledge somewhere"

Patience. Patience. Give him time and a good reason......

[Montfort]

He starts with a plausible idea -- that there is a real estate bubble that will burst-- but goes off and qualifies nothing. "All" corporate pension funds will fail. All this. All that. Everything will be as bad as can be imagined.

And then the kicker. It's all Bush's fault. A cabal.

Yes. There is a real estate bubble in places. And yes, it will burst and hurt people. But roads will not immediately melt and crumble. Hospitals will not immediately cease to operate.

Even in the Great Depression, a lot of people had jobs, and some people even did pretty well. The poor who could farm got by. Some rich people who lost paper wealth and had nothing else and no great skills did pretty badly. People who worked in tobacco factories did fine, since unemployed people had time to smoke and somehow managed to get cigarettes. I would imagine that tobacco was not the only depression-proof business.

But yes. I agree that real estate prices have reached the point of insanity now. This includes where I live, Fredericksburg, VA. Nuts. Absolutely nuts.