"You can just sit back day after day and ascribe the worst possible intentions to those that make decisions and then, later, attempt to reconcile the outcome with your pre-ordained forecast"
Well, Dog I've saved myself a lot of money by realizing last year that the sub-prime mess was going to occur due to my belief that the folks running our nations economy were indeed going to permit it to do so .... what pray tell gives someone/anyone the belief that anything has changed?
What hearings have been held by Congress which have shed light upon THE GREATEST ECONOMIC DEBACLE IN THE HISTORY OF THE WORLD have occured? And what laws were passed to make sure it doesn't happen again?
Barring the aforementioned I have the most ultimate of faith that things will continue as they have with the fingers of Congress, The Fed, Treasury and Presidency manipulating, as you attempt to describe it as, "The Free Market".
In a make believe world it's a "Free Market" and to those who have their head in the sand it's a "Free Market". To me and many others it is far from same.
Peter Schiff, Jim Rogers, Jim Sinclair, Nick Guarino, Nouriel Roubini and others have made the point that our economy is in trouble due to fraud, manipulation and/or outright thivery. Has someone/anyone been tried for the aforementioned? Any perp walks yet? Remember now this is the GREATEST ECONOMIC RIPOFF IN THE HISTORY OF THE WORLD and not one person indicted?