Mr. Phillips, prescient and knowledgeable as always, says we might be halfway to the bottom.

He calls Phil Graham, our next Treasury Secretary if McCain wins, "appalling", citing that Graham and his wife were known as "Mr. and Mrs. Enron" because they were so "flagrant" (I wonder if he meant "flagrantly corrupt").

To hear the kind scary of language that Kevin Phillips is using from such an authoritative economist does not give much hope for our future.

by EveningStarNM on 09/20/2008 01:26:30 PM EST