That's why I called it a Ponzi scheme in my post of 6:38 PM 16 Nov.--perhaps more accurately a house of cards.

Then we see the perfect example of the "greater fool theory".


But------we don't have to let it happen---even though Doug R. wants us to wait til we see what comes out of Congress, we don't have to do that---we can influence it now------if we do it in the numbers of people who would be affected by this crackpot scheme, which virtually everybody but Doug seems to agree will help nobody but the brokers.

As I pointed out, even the Wall St Journal investment columnist predicts "disaster unless accompanied by a slew of safeguards".