>>To continue regarding unrestricted capitalism with rose colored glasses is also to dispute basic economic realities. Such as the godawful mess they got us into now.
>
>Who's talking about unrestricted capitalism? I've been very clear about the regulatory and de-regulatory decisions that led to this mess.
>
>>Oh wait, this was the fault of the government, not those poor little old bankers and traders.
>
>The root causes lie with government policy decisions. None of this happens without Fannie/Freddie's increased backing of subprime loans and the repeal of Glass-Steagal. If anyone can argue differently, I'm all ears.
>
>btw: This says nothing of the option-ARM and ALT-A loans which are still out there and are going to explode in 2010-11. Be aware subprime is merely the first housing bubble to burst there is another on the way.

You seem angry, Jake ;-)

It's not all that bad. It never is. If I can hang in there you can.