For those of you who are wondering how we got into this economic mess, here is a very simple explanation: 1990s – Americans like cheap stuff not quality goods so they start buying junk from China. Americans lose jobs. Clinton and Greenspan decide to pull out the Federal Reserve bubble making, money printing machine and create vaporous wealth by inflating the stock market. By 2000, all of the vaporous technology companies, which never made any money and never would, implode and the stock market bubble bursts. 2002 – The economy is tanking and Bush needs a re-election. So Bush calls in Greenspan to get his bubble making machine going again. Greenspan obliges by creating a housing bubble. People buy as many houses as they want since they have free money to play … Read entire article »