[Homestead] Uncertain economic future

Don Bowen don.bowen at earthlink.net
Mon Dec 6 16:12:14 EST 2004


An interesting article with a not very pessimistic view of our economic future.
http://www.tompaine.com/articles/apocalypse_not_yet.php


There is this comment that seems to tell it all:

The most stunning aspect of these events has been the insouciance of the 
Bush administration. Neither the president, nor Secretary of the Treasury 
John Snow, nor anyone else has troubled even to emit the usual platitudes 
about the greenback­not, at least with the slightest conviction. It's 
almost as if they've figured it out. It's almost as if they realize the 
awful truth. Which is that the dollar's decline is mainly good for their 
friends, and bad mainly for those about whom they couldn't care less.

Don Bowen
Awl Knotted Up Woodworking
Valley Center, CA             http://www.braingarage.com





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