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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: benwood who wrote (52573)2/4/2006 12:58:14 AM
From: shades  Read Replies (1) of 110194
 
The economy creates consumers but cannot create citizens. (Jun 1999) - Billary

I believe that within a decade, the hubris of this administration and of the people that think of gov't as God will regret their blind faith because of how the choices have circled around to take a big bite out of their quality of life. But chances are they will never connect the dots -- there will be *something* to blame it on at that time, and that scapegoat or act-of-God will be embraced rather than looking in the mirror and admitting that we are the problem.

My RED STATE friends have dying mothers now because they cant get medicine - but wave that flag and say they support the troops - look they will never get it - that requires too much insight and time and reflection - they dont have the free time to sit around and really think about things - that is too hard for them. One of my redneck buddies - he has got to work 7 days a week now to keep up his ARM payments on his trailer and GM car that he is underwater on - he said if I would spend less time reading SI and more time working - things would get better - its all our faults for not getting out and doing more menial jobs - if we would all pick crops instead of read SI - he says there would be no NEED to import pedro - hehe. I said sure - but back in the old day mine and your mom were picking crops as kids while the adults steered society - but now the kids go to starbucks and play XBOX - only pedro and his kids are lowly enough to pick crops. He is not a bad person, but he thinks bush is a good ole boy - not meaning no harm - and looking out for the little guy. he believed the same about carter and clinton - he could IDENTIFY with them. I keep telling him - would you make a good president - he says no - I say right - but you want to put in a guy like you - not a good statesmen - just a good ole boy - the reasoning is lost on him.

Hayek said the populace gets the guy they put in - and I guess if those populace are all too busy then they just put in anyone - I would much rather we have a society of good citizens than 1 great leader.
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