“…too many retiring baby boomers with pensions.”
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LOL!! Wow, do you read the news? Who’s gonna have a pension or retirement or job when this is all over with? Then who will pay $400k for that musty smelling 50 year old house in San Diego? an additional 45% is in the bag (see Japan for proof)
Great post macromaniac! I love it too, and can’t agree more. They can stimulate all they want but they can’t make us spend/waste. We already have all the Chinese crap we will need for a lifetime.
This country feels like the Matrix and the consumer is wired into Wall Street, Washington and the Govenator’s generators.
Its freaking infuriating to hear Obama over and over and over talking about getting credit flowing to main street. BS! What about higher wages so we don’t need to borrow and feed the banker machine?
Gee, what’s wrong with $50k houses so we can maybe own a home in the real sense and not just rent from banks forever?
This Government can take its spending stimulus and credit crack and shove it!!
