(I'm getting deja vu, did I say this before?)

In an email to extempore, I just wrote:

I think one of the major negative consequences of the current financial crisis, like the Great Depression, will be a loss of confidence in capitalism and huge loss of economic freedom in the first world, which will deepen the global recession. It's 9/11 (the reaction hurts more than the event), except on economic freedom instead of civil liberties. And while civil liberties are more emotionally appealing (makes me madder), I think that the loss of economic freedom will affect many more people's lives more deeply.

In the long-term, the socialization of the economy is going to hurt way worse than any passing liquidity crisis.

On the plus side, this is a helluva good time to be working on alternative political systems!

For Google's 10th birthday, they are offering a search of the oldest index they saved - January 2001.

evwhore's posts has some good ideas for searches.