heather
2008-10-02 01:49:51
Thanks for this explanation: it is the first time I have seen a lucid description of the “dominoes” involved in this disaster. Also, I THINK I’m starting to ‘get’ what ‘derivative’ may mean. One problem may be that the whole system is so huge and interwoven, and complex. “Regulation” of this entity will be very difficult.
As to Pelosi and her amazing speech. I vote for a combination of malice larded with great dollops of stupidity. I don’t think she is capable of thinking of the advantages of causing a Depression. I think she really believed what she said in that speech. She is a shallow stupid woman and should be fired from her job.
