That was my exact point, Kahuna. We are now extremely vulnerable as a nation and don't think our detractors haven't noticed. We as a nation are UNATTENTIVE! How do we engage people in real financial and political facts?
This financial mess was predicted over two years ago and no one paid attention. Impossible mortgage resets and massive overleveraging made it obvious that the situation was extremely unhealthy, financially. I pleaded with Mr. Peachie to get out of stocks at that time because of the info I had gleaned regarding the unsavory condition of the markets. He acquiesced in April '07 and we bailed, our broker was ticked. The situation is so tenuous now, that may not be enough for retirement funds. Dig deep people, the information is there but we need to do the homework.