Ed Huntress wrote:
"John R. Carroll" wrote in message
...
Ed Huntress wrote:
"John R. Carroll" wrote in message
...
Ed Huntress wrote:
"John R. Carroll" wrote in message
...
Ed Huntress wrote:
"John R. Carroll" wrote in message
...
Ed Huntress wrote:
"John R. Carroll" wrote in message
...
Ed Huntress wrote:
"Wes" wrote in message
...
"Ed Huntress" wrote:



We'll never return to late 2008 Ed.
What is becoming increasingly obvious at large, and what I've always
believed, is that nothing was actually "saved".
The collapse had occurred. What didn't happen, and what I'd
expected, was a
reckoning with that reality.
I'd thought that the purpose of this delaying tactic was to allow a
restructuring of the mechanisms to deal with that collapse in an
orderly manner. Clearly, on the evidence, I was mistaken.

The tactical retreat made isn't being followed up with either a
regrouping or counter attack.

Not yet. But I believe in the power of lobbies, so it's maybe never.
They seem to have frightened Congress into inaction. And they've
worked the anti-socialism angle exceedingly well. They've got the Tea
Party coming and going: they want to put a lid on bank bailouts, but
not if it means more government involvement in business.

sigh....

A perfectly good crisis wasted but take heart Ed.
What's just around the corner is going to be a lulu and won't be.

I could be mistaken, of course, but I called this year's Super Bowl.
I watched it with my brother and a group of very smart and clever people.
They went to their stats and if you only look at the possible outcome
through that prism, the Colts were the hands down odds on favorite.

I told them that Indiana had recently won, the Saints never had and Drew
Brees would want to show up the Chargers, who basically fired him. You can't
really quantify those things but that was my reasoning.

It's the same reasoning I'm using to predict a real melt down.
We are just due.

--
John R. Carroll