First up is a Libertarian investment advisor/blogger named Mish. Mish has some pretty radical views on solutions to this crisis, but he's right about a lot of the causes and is very much on top of the ways you can help (emailing, faxing, calling Senators and Congressmen). You can associate his views of the current crisis as most resembling the Great Depression (a massive, deflationary episode - I'll address this in future posts).
Since this is so early in my posting, I want to state very clearly that I disagree with a lot of what Mish has to say, but cannot deny the strength of his insight over the past few years.
Second is the gang at itulip. They're somewhere near Boston, so you may know people that know them, but anyway they essentially called the peak in the tech bubble back in 1999/2000 and made similar precient calls for housing in 2005/2006. You may not be aware of the tulip bubble in the 17th century, but that is where the name for their site comes from.
These guys have put forth a theory that we will go through deflation, then massive inflation. Again, I'll cover the details in a later post, but essentially this would be more like the 70's than the Great Depression.
I promise that I'll get back to my intended plan of bringing this all down to a level that most people can understand, but for now I just wanted to get Mish's link up so that you can contact the right people with opposition to the bailout. I added itulip to provide an opposing viewpoint.
This is pretty much my plan as far as it goes. I'll post a topic with an attempt at simplifying terms and try to support my arguments with links and counter-arguments when appropriate (mostly when I cannot predict the future and consider both [or several] opposing arguments to have merit). I'll also try to post links more directly relating to my post, rather than just sending you to another website to search for information.
Comments are more than welcome.
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