Is it over chicken, Agman?
The comparison with 1929 was in the irrational exhuberance and leverage, both of which you seem to be full of. There is nothing remote about the comparison.
Today we have a government that has continually borrowed from the social security trust fund to fund the govt.. They don't even count that borrowing when talking about the deficit anymore.
Tell me this, Agman, would it be better off for our country if our social security surplus had been borrowed by industry instead of the government? (Don't tell me the legal requirement, I already know it) Right now we have a situation where the social security surplus was borrowed by the fed. govt. (which leaves unfunded liabilities for baby boomers). On top of that, the fed. govt. has borrowed from the rest of the world to fund the aforementioned deficit. All of that is money that has to be paid back. Are we better off going into the baby boomer's ss liability with that money already gone?
Telling the truth is not fear mongering. It allows you to do something about reality instead of ignoring it.