Bubbles

Commodities investment guru Jim Rogers stepped into the U.S. subprime fray on Wednesday, predicting a real estate crash that would trigger defaults and spread contagion to emerging markets.

You can't believe how bad it's going to get before it gets any better.

So said Rogers to Reuters by telephone from New York.

It's going to be a disaster for many people who don't have a clue about what happens when a real estate bubble pops... It is going to be a huge mess...

Rogers has put his $15 million belle epoque mansion on Manhattan's Upper West Side on the market and is planning to move to Asia.

Lots of people with the wherewithall have bailed and moved--or are bailing--to foreign countries. They see nothing that is not predictable or hidden. They just have the ability to escape--with their assets intact--before the American economy collapses.

The rest of us are stuck. Our only recourse--when the collapse comes--is to make certain that the authors of this looming Great American Disaster don't escape before we can get our hands--and ropes--on them.

The men--and more than just a few women--in those places of great power and influence that have brought this nightmare to our doorsteps should not be allowed to enjoy their ill-gotten gains. Justice will demand they spend the rest of their days with those butt-loving gangs in today's prisons.

An eye for an eye... a rape for a rape.