It's not that surprising the author of "The Enron loophole" would not think there are any real economic problems out there. Of course Gramm, who is one of the prime architects of current mortgage crisis, doesn't want you to think there are any real problems because then you might start trying to figure out who caused them, which would bring you back to him. I'm sure Phil Gramm's plutocrat friends are not feeling pinched at all, and that, honestly, is all the man cares about.
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