[Perdogg]

what is flawed?

[LifeComesFirst]

Well, my understanding is that excessive money supply growth during “booms” such as the dot-com boom and the housing boom is what has destabilized the economy under Greenspan. Pre-Greenspan, it’s a different story.

I also disagree that the credit market has frozen. A person with good credit can still get a loan for a car, house, or credit card. These companies *do* want to make money after all.

But I do agree that the economy isn’t “functioning normally,” but then I believe that ever since the founding of the Federal Reserve the economy hasn’t really been functioning like a textbook model. FDR’s massive, un-Constitutional expansion of Federal government powers did far more to socialize this country than Obama is likely to do, and most of those idiotic programs are still in place.

[bill1952]

That means that Obama will have to come down off his campaign rhetoric and do what’s right. Thomas Jefferson did.

what is flawed?

Are you serious?
First,
obama has to do nothing of the sort and
second,
mentioning o with Thomas Jefferson is a stretch of monumental proportions indeed.