For years Dan Edelen over at Cerulean Sanctum has been warning about a financial meltdown in the U.S. I admit that I, cockeyed optimist that I am, have in the past thought that he (and most other economy naysayers) were taking too dim a view of things.

Well, it looks like I was wrong. I don't know how bad or how long the current downturn/recession/depression will be, but I have to give Dan his props. He was right.

Read his latest when you get a chance: Meltdown, U.S.A.