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Perhaps it would be a lot easier for most of us to believe that we’re headed over a cliff if that case hadn’t been made in 1992 and 2004. Now we’re in 2008 and here we go again. The great depression is upon us, we’re doomed.

The democrats have to tap this ‘fear factor’ in order to rescue us. I don’t see the need to help them make their case. Do you?

Real estate is like the stock market. It fluctuates. Sometimes it goes up, and sometimes it goes down. It’s going to rise again. As long as people don’t panic, I think we’re going to be just fine.

Perhaps it would be a lot easier for most of us to believe that we’re headed over a cliff if that case hadn’t been made in 1992 and 2004. Now we’re in 2008 and here we go again. The great depression is upon us, we’re doomed.

This is a whole different ball of wax then what happened in the last few decades, and the subprime mortgage problem is just the crumbs that make the news.

The real driver behind all of this is the Federal Reserve. Our country is currently over 9 trillion dollars in debt. The interest on that debt consumes about 40 percent of our federal budget. The interest on our debt is what goes to the Federal Reserve (a.k.a. a few highly-wealthy banking families). How does our nation "manage" its debt? By issuing more interest bearing Treasury bonds. Who buys most of our Treasury bonds in exchange for Federal Reserve Notes (or what we call part of our currency)? The Federal Reserve.

We keep making our drug dealer more powerful, all because the politicians in Washington don't have the cajones to obey our U.S. Constitution.

Meanwhile, the Federal Reserve is about to get what they have privately demanded - control of most of our financial instruments clear down to the local level.

This has nothing to do with "Democrat dirty tricks". It has to do with our nation's existence.

Just for the record, this crisis is a different than previous market corrections. The FED is taking measures not invoked since 1929. Lets not be fooled into thinking that this liquidity crisis is like any other normal bear market in equities.