Article

2010-01-17 Economy

Take your Zoloft before reading: The Coming Fury of an Angry America

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Posted by Uncle Phester 2010-01-17 10:15|| || Front Page|| [2 views ] Top

#1 tl;dr

Posted by badanov 2010-01-17 11:10|| http://www.freefirezone.org 2010-01-17 11:10|| Front Page Top

#2 wtsm, badanov?

Posted by twobyfour 2010-01-17 12:38|| 2010-01-17 12:38|| Front Page Top

#3 Badanov is saying that the article is too long and should not be read.

Now I need more Zoloft...! ;->

Posted by Uncle Phester 2010-01-17 13:55|| 2010-01-17 13:55|| Front Page Top

#4 The house is worthless.
Only if one needs to sell it.

Au contraire, Mon Ami. Something I learned when we bought our place in November is that the market for average houses (at least here in SC, with one of the highest unemployment rates in the country) has not only not gone down, it's actually rising. The market that HAS collapsed is the one for mid-6 figure and up McMansions, which is all that builders were putting up for several years...and are STILL putting up because they've invested so heavily in the market.

Mike

Posted by Mike Kozlowski 2010-01-17 15:38|| 2010-01-17 15:38|| Front Page Top

#5 We can turn it around IF we bring an end to the dual-party oligarchy under which money-fiddlers captured large swaths of our governments and turned our economy into one based on asset-flipping rather than designing, building and selling high value-added products that the world actually needs and can actually afford with ready money.

Both left (cf James Fallows, back from China, writing in The Atlantic, or Matt Taibbi in Rolling Stone) and right (cf VDH, Steyn et al) are beginning to converge on the same diagnosis: there's nothing fundamentally wrong with American society;the problem is our corrupt, stupid, mendacious and completely bought political class.

If and when we start electing people who actually have real skills-- not lawyers or community organizers or lifelong pols or shills for this or that industry-- we will finally get our government back, and then we can rebuild. A big "if", though....

Posted by lex 2010-01-17 19:09|| 2010-01-17 19:09|| Front Page Top

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