Are You Smarter Than A Secretary of the Treasury?

It's now been a year and a half since I wrote on this blog, among other things, "The housing bubble will make the Nasdaq bubble look quaint."

Geniuses (and by "Geniuses", I mean "Idiots") like Alan Greenspan, Ben Bernanke, Hank Paulson and George W. Cheney-Bush now act as if no one could've possibly forseen this crisis.

That's complete b.s. They engineered it, allowed it to happen, profited from it, and the same clowns who brought you this looming recession/depression, $4 gas, the repulsive Iraq Civil War..the same idiots who left thousands to die in New Orleans, the ones who have bankrupted this nation...the same traitors who enrich private contractors while 18-year-old US soldiers die defending some Mosque on the other side of the world..the same scum that have allowed Bin Laden to hide in Pakistan all these years while they shredded the US Constitution here at home...these same guys are gonna fix things? Sure, and the Iraq War is going to pay for itself and we'll be greeted as liberators.

How can the average person understand what's really happening?

If you want to know what's really going on from an economic standpoint, check out the following:

Calculated Risk
Mish's Global Economic Trend Analysis
The Market Ticker
Sudden Debt
Housing Panic

Spend a small amount of time each day reading those, and you'll be far more informed and prepared than any CNBC anchor, US Treasury Secretary, stock broker, realtor or US President.