Reply #10: Ozy, I Never Saw Economics Before College

[Demeter]

Had a really good teacher there, and retained a lot of the basics.

But even the basics won't cover new-fangled derivatives, ARMs, etc. There's been too much fraud innovation since Adam Smith and Robert Samuelson.

What freaked me out yesterday was realizing that a board member only months younger than I was so totally ignorant about banks in general.

And Michigan is so red it bleeds. House, senate, governor, Sec of State, Atty General, Supreme Court....there will be hell in heaven.

I expect a lot of the teabaggers will do a Palin when the going gets rough. One has to find hope somewhere.

And if a Democrat had to be spared, why did it have to be Hairy Reed?