Given how much financial services has distorted the economy over the past decade (hasn’t it quadrupled? Gone from less than 10% to about 30%?), I think that having smart talent move to medicine (or even law – or my favorite, engineering) is a good thing.

The failure of liquidity during the market re-correction was due to FDR’s monetary policies.

Oh, and a big shout out & thank you to Phil Gramm, McCain’s economic advisor, for gutting the last, best banking regulation: the Glass-Steagall Act. Let’s remember that McCain supported all of that crap.

Think about the times the French have had financial crises (every other year, as I recall… didn’t they have some sort of riot thingy that trashed the outer suburbs of Paris over the course of 4 weeks a couple years back? all about economic inequity, I believe). Hell, let’s bring all of Europe into this–how’s that Russian economy doing with that whole rampant inflation thing? And the slipping standards of living?

Now, worldwide. Maybe you’re not too young to remember the Southeast Asian crisis? I remember it, and theoretically you’re my age… what happened there? Japan triggering a recession throughout Asia that domino’d through the world, huh?

But no, you’re right. The big bad US of A, being a financial bully, tying itself to world economies in an effort to promote globalization (that’s a discussion for another time, all my polisci and econ people), has once again screwed the whole world over through speculation, greed, and hedge funds. Something that NO OTHER COUNTRY has. and it’s definitely not in your interest to bail us out; no, you’ve had the same problem with the chinese buying up your currency so they can string up a sword of damocles over your economy.

spare me, euro-liberals. i’m all for obama, or whatever, but string together arguments that make sense–and don’t equate the economy with abu ghraib.