Nothing personal to contribute today, just wanted to add to the Google scores of the following essays which I think do an excellent job of explaining our country's current (and increasing) economic problems:
Common economic mis-beliefs
http://www.voiceofsandiego.org/articles/2008/10/01/toscano/771bailoutswontwork100108.txt
from Rich Toscano's blog, "Nerd's Eye View", on Voice Of San Diego.
Human nature and the inevitability of financial bubbles
http://www.theatlantic.com/doc/200812/blodget-wall-street
from disgraced (but still so suave and well-spoken!...) tech-stock analyst, Henry Blodgett
'Gaming' in prices (aka bubbles) for any variable-return investment
http://www.theatlantic.com/doc/200812/financial-bubbles
from the same Dec '08 issue of The Atlantic
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