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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Stoctrash who wrote (10899)12/13/2008 3:31:40 PM
From: stomper1 Recommendation  Read Replies (2) of 33421
 
Most people only have the haziest conception they are being screwed or that something is "off" with these schemes. Soundbite politics, an intentionally dumbed down citizenry that is obsessed--and pandered to--with consumerism, and the creeping intervention of government into every single facet of people's lives over the last 20 years...all have contributed.

I had Thanksgiving at my inlaws. There were about 20 of us, many with graduate degrees, and not one of them could articulate even generalities about reasons behind the current economic condition, let alone the reasoning or danger behind Fed machinations. I really just don't think it enters the average persons thought process.
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