Wednesday, February 25, 2009

Economy Phooey

I rarely listen to the snarky brits on CNN International (they even rehired the pervert...go figure...can't watch him without thinking of his leash) so I"m not sure what is going on in Wall Street.

But the BBC commentators have been very sceptical of Obama's cash spending spree.

In the meanwhile, what's this about teaparties?

Reminds me of Levittown: When it opened in the 1950's, my parents wondered if they should sell the house (paid for) and buy a new home, getting a huge mortgage. They decided to stay put and live within their means. Our cousin bought the house, and ended up losing it, meaning he had to live in rental housing.

Under Obama, sounds like he'd get his mortgage paid for.

Sounds like the same thing happening now...
the PC version of the Ants and the Grasshopper...
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In contrast, the Economist notes that half of the world is now Middle Class...

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