Nominees Ignore Credit Crunch

Washington Independent by Mary Kane | Sep. 10, 2008 (News Analysis)

Biggest Financial Bailout in History Hasn't Entered the Race

based on the contest so far, don't look for either Sen. Barack Obama or Sen. John McCain to take on the biggest, most troublesome economic problem facing many American families and financial institutions -- the credit crunch. Full Story »

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by Ardent Hollingsworth - Oct. 1, 2008

Credit is what the financial markets want - but credit is not good for America's economic health (it is like starting a new meth lab in Wasilla Alaska). It serves only to create bubbles which eventually lead to recessions--and God forbid, depressions. The problem is on the demand side--there ain't none. What has made this such a problem is free-trade which is not really free-trade but a cover for labor arbitraging.

(comment refers to full article)

Dwelling more on the real effects of free-trade which has turned us into a credit economy with enormous deficits insofar as we are not actually producing goods.