Things we've never seen before are happening

Throughout the news this morning, there were two themes I heard from reporters and commentators.

"Nobody could have seen these things coming."
"We're seeing things we've never seen before."

That's been a theme of mine for the past year. Not everybody was caught asleep at the wheel, unfortunately all the parties responsible for the mess and overseeing it were.

Market's Closed! (July, 2008)
"Things we've never seen before are going to start happening over the next year or two. Considering we've already seen some once in a life time kick saves from the Fed and Government, that's saying alot. "

Jumping into the Poole (July 2008)
"Too many fools, too many shoes and way to late in the game to stop it. As I've said before. Protect your assets, eliminate debt, stay liquid and mobile and be prepared for the worst. Things are gonna happen over the next 3 years that nobody is ready for. "