The standard operating procedure for American politicians and the news media is to be bent over a barrel on Wall Street. This is the truth. It is hidden. It is how we got to the present crisis. The system severely fools the people. Our track record is serial herd behavior: Visit Real homes, real Dow at http://homepage.mac.com/ttsmyf/RHandRD.html.
Clearly, the main enabler of sizable asset price bubbles is keeping the real price histories out of sight.