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I think most people (including myself) do not understand the economic collapse and how a 15% or so drop in real estate prices can cause the failure of so many financial institutions. People are beginning to think that CEOs are wildly gambling and risking our futures on highly leveraged bets at the roulette table. This is causing many to demand more government control and less free markets since when they fail we all pay the price while they walk away with more money than most of us could make in 50 lifetimes.
This could be the catalyst that causes a new progressive majority in politics which does not bode well for Palin and other conservatives who advocate free markets with less restrictions.
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