Tag «real estate»

Grifter nation

Throughout the blogosphere, pundits are predicting the foreclosure fiasco will be the tipping point. Instead of death by a thousand cuts, this spurting wound will bring the industrial economy to its overdue close, they say. Those of us who care about the living planet should be so lucky. All twelve of us. Let’s ignore the …

Unwinding

If Ben Bernanke and the fools at the Fed actually thought the industrial economy was recovering, they’d jack up interest rates. When the prime rate is up around 5%, you’ll know the industrial economy is back on track. Alternatively, you can monitor the extinction rate of non-human species.

Economic dominoes continue to fall

The property of rich folks has always been more important than the lives of the poor, a fact that will continue to create misery for the “other” 99% of us until the entire industrial economy fails. Personally, I can hardly wait.