Mac Slavo is a legend in his own mind. He spreads the legend wherever he can, though most people point, laugh and snicker -- but he's good with that. Mac would be considered by some to be a doom and gloomer, though he believes reality is reality, and he tries to assign no positive or negative personal perceptions to any particular event. This is quite difficult, so at times Mac does provide personal commentary and spin on news, economic & financial happenings, and geo-political events.
I am retired from Fresno County. I like to blog and comment on financial matters. I knew of the housing bubble in late 2005, way before Cramer. I believe that the central banking establishment set up excessive and damaging credit vehicles both for investors and for borrowers. Investors were swindled but no one goes to jail. Borrowers were given so much easy money that the loans themselves pushed the value of houses up to unsustainable heights. It is worthwhile to "fight" the lending abuses peacefully, with education and through legal means where possible.
I am not an investment counselor nor am I an attorney so my views are not to be considered investment advice. It seems from my understanding of the economy, that folks who fight the Fed are fighting a force that is powerful, capable of keeping interest rates low, etc.