Want to see "The Great Depression: The Sequel"? Here's a handy three-step do-it-yourself action plan. [SALON]

1. Continue to ignore growing income inequality and govern the United States for the benefit of the rich at the expense of the many.
2. Continue to whittle away at the safety nets that exist to cushion Americans from economic ill winds.
3. Continue to weaken government oversight of Wall Street.

NVDL: Excellent article.

clipped from www.salon.com Most economists are no longer debating whether there will be a recession in 2008. Now, they're arguing over when the recession started -- was it last November, or December? -- and how bad it's likely to get. While they bicker, however, a far more terrifying economic specter from the distant past has sent a chill through the infosphere. "We have not seen a nationwide decline in housing like this since the Great Depression," said the CEO of Wells Fargo late last year. "It is now clear that the U.S. and global financial markets are experiencing their worst financial crisis since the Great Depression," wrote economist Nouriel Roubini last week. The Great Depression? We may not remember it -- if you were 18 during the crash of 1929, you're 97 now -- but we cannot escape its foundational legacy. At the very least, we know that back then was when times were really bad, because that's the standard by which historians, economists and journalists always measure every other potentially bad time.