I guess the point was [at least fer me] that im attempting to understand a bit more of the hidden traps of finance, [and IF you have special training in the area, I can learn somethin] or whether your post just looks pretty good to a dumbass like myself...
I simply dont have the time/energy to learn it all to know it all...
I understand what you are saying.
I would argue that even someone who may not spend all of his waking hours contemplating Treasury-to-Libor swap spreads but who has a good understanding of basic conservative and free market principles nevertheless would have a better grasp on what’s going on in this crisis than a liberal who has worked his whole life in the financial industry.
A conservative understands that a free market is far better at pricing and allocating goods and services in an economy than politicians trying to twist the market to benefit certain groups, no matter how noble-sounding the goal, and that sooner or later there will be a cost for that meddling and the piper must be paid.
A conservative understands that when a warning has been given that a major hurricane is about to devastate his community, that he is better off heeding the warning, and spending the time and expense to buy plywood and cover all of the openings of his house, packing up all of his transportable valuables and travelling somewhere safe and incurring the cost of a hotel if necessary to preserve as much value as possible while weathering the storm. A liberal will put his fingers in his ears and say “la la la” while all of his possessions are wiped out in the storm and if he is lucky enough himself to survive will then go running to the government and demand to be made whole.
Trust your conservative instincts.