Let's make a fine point on the cause of the recession

Just like little kids trying to fib thier way outta trouble, the news tries to blame the recession on everything but the real culprit.

1. The problems with the american economy is deep, and have been draining the economy for decades.

2. The only reason we could afford the drain from a non-productive economy was the housing-finance-consumer debt bubble.

3. The problem is not that the bubble ended. The problem is that the bubble masked the real
problems in the economy. (for years

Think of an sand hourglass. The hourglass drains sand slowly, but during a bubble, new sand
is poured in rapidly, and you can't tell how much sand is draining out.

4. Ben Bernanke is either an idiot or a crook. His policy to reduce deflation, has to be a
scam because the deflation isn't there. Banks benefit from the policy by skimming cream off
the economy as the ant-deflation policy hammers our economy.

**** Thx for reading. I suppose I may have convinced 1 or 2 people, as for the rest of you, please believe me when I say my facts are right, and these facts are unpopular and troublesome and worth your consideration.

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