My KOS diary back in August discussed the very economic issues we're facing today. I posted a few rants about it on my DU journal. This is what's so alarming about the "sudden" economic downturn; there's nothing sudden about it all. Many months ago some of us were already screaming it from the rooftops of the McMansions being financed with no money down ARMS. How can ANYONE claimed to be surprised? Well, if you make a few mil a year, you're probably still wondering what all the fuss is about. But if you're one of the millions of real workin' Joes struggling to stay afloat, this is whole downturn thing is one big 'DUH!'
Here's my DKos diary on the subject, followed by a couple of DU journals. I'm not a big "I told you so" kind of guy, but I did.
DKos diary: BushCo's Dueling Economic Realities
Who Could Have Seen This Coming? (DU Journals)