Logical Fallacies and the Financial Crisis [Reader Post]

I have a friend that has a Masters in Psychology. We usually confine our discussions to beer, softball, women, and beer. The man is a master of manipulation. I have seen him deflect arguments with such skill that the other person walks away in a cloud of befuddlement. Sometimes we discuss politics. I brought up the growing divide in our country and told him I have little hope that we will ever bridge it. He explained to me the nature of this divide and why we may never come together again as a nation. These are the five logical fallacies that prevent us from agreeing.