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i thought that the most insightful comment was this one:
If ever there were a time when both people might be right, this is it. From their own point of view, they are speaking truth.
Living-and-breathing-in-the-reality-of-the-trading-pits Santelli says that if the USA/World doesn't face reality soon, it will wake up in the gutter on the wrong side of town bleeding from various orifices and no knowledge or understanding how it got there or what to do next. You can only hold off the Devil for so long.
Perception-is-reality Ponzi Liesman says that since the dollar and all other world currencies were cut loose from any semblance of reality or control when Nixon and company abandoned sanity in 1971, the only thing keeping the world from waking in the gutter is perpetuating the mass illusion that the greenback you have in your wallet really does have value and is the best place to store your excess units of labor for your future retirement. To think otherwise is to be ignorant of this eventuality.
Since neither will get their wish, the only certain outcome is the gutter thingy.
the anchor becky seemed pretty panicked by the entire exchange.
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