Tuesday, July 21, 2009

POP QUIZ: What was the worst case of "buyer's remorse" since the fall of Nazi Germany?

SHOOT: Find the answer below the fold, if you dare. Great column this week Jim.
clipped from kunstler.com
By now, it's self-evident that the "change" voted for in November's election was too horrifying to articulate.  It still is.  The suburban sprawl economy was all we had left.  Now it's gone and we're stuck with all its deleveraging after-effects -- the worst case of "buyer's remorse" since the fall of Nazi Germany.
Probably the baseline truth is that health care will end up being rationed one way or another. It's another prime symptom of population overshoot, and a reminder that life is tragic.
As another blogger put it so nicely last week on the web (sorry, but I forget who or where), this isn't a "recession," it's a collapse.
Mr. Obama just doesn't have much time before his authority and legitimacy slough off and he is left with only his genial smile. The "hope" vested in him will end up in a Museum of Lost Hopes, along with the integrity of TV news and the rectitude of the medical profession.
 blog it

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