[randolph]

I think the bankruptcy of GM signals the end of the US as the dominant world power. The myopia of Greenspan and the worship of Milton Friedman's faulty economic theories allowed a runaway housing boom to turn into a gigantic Ponzi scam. We now risk rampant inflation in order to pay for the misdeeds. If Obama and his advisers can get us out of this mess he would deserve more than the Nobel prize. I am not holding my breath.