I don't see the money supply contracting by a third like it did during the Great Depression. There are several different accounts of the Great Depression, but a

I don't see the money supply contracting by a third like it did during the Great Depression. There are several different accounts of the Great Depression, but all of them agree that the monetary contraction was one of the biggest causal agents. This "Pearl Harbor" talk is baseless fear mongering. The numbers I've seen for growth, employment, and lending activity in all non-real estate and non-financial sectors has been downright normal. Over 200 economists from good universities have signed a letter urging Congress to act slowly and deliberately. I believe the "Bankruptcy is the answer retard" that you speak of is a professor at Harvard. This is not Ron Paul supporters speaking, this is level-headed people that are urging our representatives not to act rashly out of fear (again). If you think a repeat of the Great Depression is likely, perhaps you should learn something about it. Until you do, you can go easy on the self-righteousness. Edit: Here is a blog with some links that show bank lending is up through the month of September. Several indicators have hit all-time highs. http://www.marginalrevolution.com/marginalrevolution/2008/09/where-is-the-cr.html http://www.marginalrevolution.com/marginalrevolution/2008/09...