This little primer covers my take pretty well:PUHCA for Dummies
It's a PDF, so you need the Acrobat reader on your machine.
In a nutshell, Congress is once again setting us up for disaster. Expect Enron-like bankruptcies down the road.
The fundamental weakness in capitalism seems to be wanted again, where you take stable funds from one outfit and speculate on something else with greater risk. More money can be made this way, sure. But only a few people benefit from the profit, whereas if the gamble loses, many more people take the hit.
Getting off the grid suddenly looks like a good strategy.