[mjshira]

a lot of good points Rick. we have come back from worse before. problem is that people don't know history so they don't know that we have. All they have as a reference is mostly what they hear on the news which I have to say has gotten so bad that I find myself reading news almost 100% of the time. to me the news is just like the credit rating agencies in the present crisis - they have incentive to drive the cycle and it makes any cycle, worse.