[Homestead] Who's Da Best

Clansgian at wmconnect.com Clansgian at wmconnect.com
Mon Nov 3 23:17:53 EST 2008



> >Reagan, and I voted against him twice
> 

Until a couple of years ago I'd have said the same without hesitation, and I 
did vote for him twice.  But of late I've come to have my doubts.  Reagan ran 
the Soviet Union aground by getting the Saudis to flood the world with cheap 
oil in exchange for military protection of the royal family (and other 
considerations).

It worked.

But cheap oil led to urban sprawl and large houses and long commutes, which 
made us unable to deal with Peak Oil and fed into the housing bubble.  It also 
made our economy dependent on the petro dollar which enouraged us to abandon 
manufacturing as an economic base.

The side effects and hangover of Reaganomics is proving to be quite a pill.



More information about the Homestead mailing list