Our beef with our own generation is not that it failed, but that it succeeded too well.

It took control of government and used it like an ape uses a rock – to crack open a nut.

But we'll come back to that in a minute…

The Dow Takes a Dive

First, the Dow dropped 190 points yesterday – or 1%. It is threatening to close below 18,000 for the first time in almost three weeks. We'll wait to find out.

Yesterday, a London-based magazine and a TV station interviewed us. Both asked if we were "pessimistic."

"Of course not," we replied. "We expect today's financial system to fall apart in a terrible crash and depression. But we're looking forward to it."...