[Homestead] An International Analysis of the Credit Debacle
Lynda
lurine at softcom.net
Sun Oct 7 18:23:29 EDT 2007
What???? You can't eat dust? Drive a vehicle with dust?
Personally, I think what the Smithsonian has in its back halls isn't boxes
and boxes of historical items in storage. What I think they really have is
a cold storage unit where politicians put their commom sense and logic
until they leave office!
Or, perhaps what we have is the glorious end result of OBE!
Lynda
----- Original Message -----
From: <Clansgian at wmconnect.com>>
>
>> Ethenol is like busy work.
>
>
> OK. That's rather handily put. A couple of days ago the head of the FDIC
> said the solution to the housing bubble and debt crisis was for mortgage
> holders
> to simply keep the loans at their teaser rates (1% to 2%) and convert it
> to a
> 30 year fixed mortgage at those rates. Whaaa? Can't these people do
> arithmetic?? It seems like everyone at the helm now making important
> decisions is an
> imbecil. I keep hearing all the new crop of presidential candidates
> chanting
> 'Ethanol, ethanol, ethanol ..." Whether they are that ignorant or that
> corrupt or both and then some is little odds.
>
> Energy-wise ethanol is indeed busy work. But in another way it is far
> more
> destructive. If we simply burned the petrol in our cars, we'd still have
> some
> topsoil and water with which to grow food, even if we had to do it by less
> mechanical means. The way it is going we are going to end up out of gas
> and food
> at the same time. </HTML>
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