Our economy faltered because of a speculative bubble. That’s what always happens. And “the others” always find some way to create one. The best you can hope for is to mitigate the effects. But when we turn soft on regulation, and when we pander to greed, we amplify the effects.

Have a look at our entire history of boom and bust. Look at it as a graph, one that looks like a radio signal. On the Gold Standard, the amplitude is totally out of control. Once the Federal Reserve is created, the level of catastrophe is reduced by orders of magnitude. That’s mainly the work of regulation, combined with a wary attitude toward greed.

Some politicians in the “So-Called Right” are telling you that regulation is Socialism, or Communism. In fact, it’s one of the basic pillars of Capitalism. These folks aren’t Republicans or Conservatives, they’re Corporatists, and Extreme at that. If you want to calculate the Center of the Curve, these folks are 3 deviations away from it.

Some politicians in the “So-Called Tea Party” want us to go back to the Gold Standard. These Corporatists are just plain off the curve.

We already voted a vast new set of financial reforms into place. We mostly solved this problem, for now until “the others” find the next loophole. Remember, even Republicans put no serious block to it; behind the scenes many contributed to it. The only question to ask is, why did they all vote against it?

We’ve been there before… liberals have no math skills: If all the stimulus packages created jobs, how come unemployment just climbed to 10.2%?

Last November, I speculated on the skills Obama would need to fly our country:

Executing drastic corrections too quickly can be fatal.

The phrase “slow down” does not exist in Obama’s vocabulary. Between the Wall Street bailout, what he’s done to the auto industry, the stimulus package and what he’ll do to health care if he succeeds in getting his way, he’s dug us a hole big enough to bury the moon.

Autopilot only works if you know where you’re going.

I’ll give him credit for one thing. He has kept his promise about taking this country in a new direction. Now if he could only tell us what that direction is.

Losing your focus when you hit bad weather can be fatal.

He gave a boat load of money to Wall Street with no strings attached, punished the auto industry and wants to provide health insurance to illegal aliens and people who’ve chosen not to have it. Exactly what problems is he trying to solve?

You need both a right wing and a left wing and they have to work together.

He’s done nothing to unify Congress, although he has a perfect opportunity: If he can fire Rick Wagoner (CEO of General Motors), he can sure as hell fire Nancy Pelosi.

The person you put in the right seat needs to be prepared to take over.

Joe who? Google for Biden in the news… you won’t find anything that’s newsworthy. You will find that the English language has acquired a new word: Bidenism In the long run, I suppose his silence is a good thing.