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	<title>Comments on: The Extent of the Economic Crisis: Potentially World Changing</title>
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	<link>http://www.poligazette.com/2008/11/15/the-extent-of-the-economic-crisis-potentially-world-changing/</link>
	<description>Because Common Sense Transcends Distance</description>
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		<title>By: Jay_C</title>
		<link>http://www.poligazette.com/2008/11/15/the-extent-of-the-economic-crisis-potentially-world-changing/comment-page-1/#comment-79250</link>
		<dc:creator>Jay_C</dc:creator>
		<pubDate>Thu, 20 Nov 2008 14:35:54 +0000</pubDate>
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		<description>Add to this more food for thought...The entire financial economy that brought us out of the last recession by securitizing products, mortgages, CDO&#039;s, CLO&#039;s, etc... and moved financials to 30+% of S&amp;P is gone... finished... never to be heard from again. Most of the financials contained years of &quot;fake earnings&quot; from those securitizations and are now paying the price for it.</description>
		<content:encoded><![CDATA[<p>Add to this more food for thought&#8230;The entire financial economy that brought us out of the last recession by securitizing products, mortgages, CDO&#8217;s, CLO&#8217;s, etc&#8230; and moved financials to 30+% of S&amp;P is gone&#8230; finished&#8230; never to be heard from again. Most of the financials contained years of &#8220;fake earnings&#8221; from those securitizations and are now paying the price for it.</p>
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		<title>By: Jay_C</title>
		<link>http://www.poligazette.com/2008/11/15/the-extent-of-the-economic-crisis-potentially-world-changing/comment-page-1/#comment-78952</link>
		<dc:creator>Jay_C</dc:creator>
		<pubDate>Mon, 17 Nov 2008 15:28:05 +0000</pubDate>
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		<description>another voice to add to the crowd..

http://baltimorechronicle.com/2008/111708Lendman.shtml</description>
		<content:encoded><![CDATA[<p>another voice to add to the crowd..</p>
<p><a href="http://baltimorechronicle.com/2008/111708Lendman.shtml" rel="nofollow">http://baltimorechronicle.com/2008/111708Lendman.shtml</a></p>
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		<title>By: Jay_C</title>
		<link>http://www.poligazette.com/2008/11/15/the-extent-of-the-economic-crisis-potentially-world-changing/comment-page-1/#comment-78912</link>
		<dc:creator>Jay_C</dc:creator>
		<pubDate>Mon, 17 Nov 2008 03:30:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.poligazette.com/?p=9214#comment-78912</guid>
		<description>Schiff and his crew are very knowlegable in this area.  For years he has been maliciously belittled, but has been right up until know.  For mine and every one else&#039;s sake, I hope he is wrong going forward, but my gut says hes probably not.  This is one area where I would be &quot;shout fron the rafters&quot; enthralled at being wrong..and I&#039;m sure he would be as well.</description>
		<content:encoded><![CDATA[<p>Schiff and his crew are very knowlegable in this area.  For years he has been maliciously belittled, but has been right up until know.  For mine and every one else&#8217;s sake, I hope he is wrong going forward, but my gut says hes probably not.  This is one area where I would be &#8220;shout fron the rafters&#8221; enthralled at being wrong..and I&#8217;m sure he would be as well.</p>
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		<title>By: shm224</title>
		<link>http://www.poligazette.com/2008/11/15/the-extent-of-the-economic-crisis-potentially-world-changing/comment-page-1/#comment-78766</link>
		<dc:creator>shm224</dc:creator>
		<pubDate>Sun, 16 Nov 2008 00:20:54 +0000</pubDate>
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		<description>No surprise here. I also remember the other bear Nouriel Roubini being ridiculed by other wall street folks on Bloomberg.

Most folks had the same attitude toward Ron Paul - I think most conservative agreed with him on economic issue; nonetheless dismissing him on his foreign policy without realizing that they are tied together.</description>
		<content:encoded><![CDATA[<p>No surprise here. I also remember the other bear Nouriel Roubini being ridiculed by other wall street folks on Bloomberg.</p>
<p>Most folks had the same attitude toward Ron Paul &#8211; I think most conservative agreed with him on economic issue; nonetheless dismissing him on his foreign policy without realizing that they are tied together.</p>
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