I CALLED GREENSPAN A LATTER DAY "JOHN LAW" FROM THE SOUTH SEAS BUBBLE DAZE OF THE 1720's.....MANY YEARS AGO.
NOW, FINALLY, WE ARE SEEING HOW TRUE THAT WAS... IT WAS ALL SO OBVIOUS...BUT GREED AND SPECIAL INTEREST RULED WASHINGTON...WHILE THE STUPID AMERICAN PUBLIC WAS DIVERTED WITH WEDGE ISSUES...
WILL THE AMERICAN MIDDLE CLASS SURVIVE...PERHAPS...BUT MORE LIKE THE EAST EUROPEAN MIDDLE CLASS...NOT AS BEFORE....
JUST GIVE PEOPLE THEIR SOAP OPERAS AND THEY WILL BE HAPPY... SADLY THE AMERICAN INFRASTRUCTURE IS TOO DEPENDENT ON THE INDIVIDUAL AUTOMOBILE OWNER...
LITTLE OR NOTHING IN PUBLIC TRANSPORTATION INFRASTRUCTURE ...AND THE HOUSING PATTERNS ARE VERY SPREAD OUT...AND DISTANCES ARE HUGE....
SO VERY LIKELY SUBURBAN AND RURAL AMERICANS WILL SUFFER MOST IN THE COMING "NEW AMERICAN ECONOMY."
BUT THESE ARE THE SAME PEOPLE WHO VOTED FOR DUBYA TWICE!!
