TEOTWAWKI

There is a profound lack of understanding of markets and economies, and there is still persistent lingering faith that the authorities effectively have a magic wand they can wave to make everything fine," he said. "Economies and markets do go down -- particularly after a multi-decade credit boom."

http://biz.yahoo.com/ap/080307/wall_street.html

This is a genteel and euphemistic way of admitting that, yes, there is going to be an economic depression and, no, there's not a damned thing anyone, particularly not a politician running for president, can do about it. "Change" will be what's left in your pocket--maybe--if you're lucky.

I feel sorry for all who have not prepared for GD II. The next president's major focus will have to be on suppressing the rioting masses using the tools of the Homeland Security State so conveniently locked down into place by his predecessor. Now maybe the picture becomes clearer for you on why the Constitution and Bill of Rights had to be suspended. People without money look like "terrorists" to those who still have it.

This is what happens when you do away with debtor's prisons. < /sarcasm>

When the riots begin, the militarized police will swing into action and mow down millions of us, Tiananmen-style, which is only appropriate since that's where most of the jobs went. "Serf's up," will be the cry as the Blackwater jackboots take aim at another destitute "terrorist."