financial markets. we had a redistribution of assets and the system came right back. this time when we put in t.a.r.p. and the stimulus packages and all of these bailouts, what happened is the system then compounded on itself and became a depression. and that's what i think caused it in my view. >> the one distinction between 2000 and now is in 2000 the commodity futures modernization act had not been passed, glass/steagall had not had time to be repealed and banked and there wasn't a $600 trillion secret betting parlor that had come to develop which created the linkage that threatens general electric, goldman sachs, jp morgan. that's good leverage in a room with a politician. >> but i don't think that would have spread, dylan, i really don't. you may be right but i don't think you are. i think what would have happened is we'd have had the financial collapse tlchlt would have been a redistribution and the unemployment rate never would have gotten over 6%. my view of the world. i could be wrong on that. >> instead we get a government-facilitated wealth