kdo

In Response to Ben Bernanke

You say:
I for one am glad he put it that way. I thought at the time we might be in a global meltdown. But everything was still working. The banks were open, the stores had lots of stuff. There were no lines or violence. The roads were full of cars. There was no evidence of a meltdown.

HAHAHAHAHAHAHAHA!!!!! I understand not many people really understood the events of October very well. But perhaps as you say that, you don't quite realize you just don't know what to look for and understand the details of what was going on as well as Bernanke did. The fact is, all that stuff *HAS* gotten enormously better. We dodged a bevy of cannon shots in October, the result of which would have been the real end of all those things that you mention says there was no problem. By the time all of those things you mention aren't working, it's far too late. I guarantee you the tsunami was in sight.