[kms61]

the ‘stooge writer’ isn’t making the bond insurers insolvent, nor causing the markets to crater worldwide. The problems are real. Is he being hyperbolic? I hope so. I can tell you that I lived through the crash of ‘87 and was unfased by it. I wasn’t too worried about the economy after 9/11. If we can get this thing with ‘only’ a moderate recession, I’ll breathe s sigh of relief.

[MHGinTN]

We're in a moderte recession ... have been for eleven months now. Unless the media can generate what the democrats need for election panic, moderate is as far as we will slip.