" The similarities of the current crisis to the conditions existing prior to the great depression are amazing. I suggest reading Paul Krugman to get a real handle on the current situation; of course many who regard wealth, as both a privilege and a right without responsibility will vilify a centrist economist as a socialist. The epithet of preference for the current glut of uninformed political and economic thought.

Milton Friedman painted a broad and exciting economic vision but still did not subscribe to do nothing policies. Surprising, in a modern sense, is that for all the warning signs the administration ignored them and preferred to continue using government intervention as the evil whipping boy. Now the only thing between total disaster and ourselves are Keynesian mechanisms that have been under cut by more than 30 years of vilification.

Savvy in place officials now come forward with the “I told you so” refrain, perhaps they did. Why did no one listen? There was an independent group Called the Council of Economic Advisors yet we hear little from these people who are to give “independent” advise to the president. Could this be because so much economic thought has been clouded by cronyism and fear of being labeled a “leftist?”

Greater emphasis on understanding economic forces and the havoc they wreak on an unsuspecting populace is necessary. The lassie faire attitude of market correction without oversight and regulation can no longer be allowed. Current institutions must be reinforced, new stringent legislation and enforcement must be implemented and confidence in a mixed economy restored.

It will take a newer and younger vision of America to accomplish this, one with vigor and foresight. “The Morning in America” political cliché has prophesized naught but twilight. "

" What part of "cut spending" don't you understand?

It is a simple and effective way to get us out of the financial mess we are in.

All that is missing is a leader to implement the plan to veto any new spending... "