This entry is going to sound more political than I prefer, but there's no help for it.

I'm starting to get a sense of what I think is happening in the financial worlds.

The rich, the corporate, are circling the wagons, protecting each other's interests, changing the rules if need be. The less well off, are simply going to be allowed to fail. If I want to be really downhearted about it, I guess I believe that the middle class assets, not much for each person, but cumulatively enough to matter, are simply going to be transferred to the rich. In the midst of a vast credit meltdown, it looks to me like the bigger entities are using the opportunity to swallow what's left of the middle class.

Oh, woe is the poor banks and mortgages, that they have to take back all these houses in foreclosure! But that sort of misses the point -- they own the damn houses again. And if, or when, the economy turns around they'll be able to profit.

Oh, woe is the poor banks that the consumer has so much credit card debt. Who's ass will be covered, in a meltdown? Somehow, I don't think it will be the consumer. They've even prepared for it, by making bankruptcy harder. You'll be working for the man.

I don't see this as a conspiracy, simply the mechanism of money protecting money. Unless the middle class is ever informed and vigilante. We've been too busy working two jobs and overtime and convinced that we need to buy more and bigger, to be paying attention.

So what else is new, my wife asks?

Too true, but I don't know that I've ever seen it be quite so blatant before. All the government programs meant to help the average citizen, which seem to be legislative in nature, are going to be too little, too late. Except a quick cash payout -- which smacks of bread and circuses.

Meanwhile,all the executive and regulatory changes, which are effective immediately, appear to only benefit the corporate entities.

And the real kicker? The middle class would also be the ones to suffer if there was a meltdown of the corporate world. It appears that trickle down theory is really true when it comes to losses -- if not so much when it comes to profits.

The question you have to ask yourself. Are you big enough to be protected, or small enough to let fail?