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  • From: Don Bowen <don.bowen AT earthlink.net>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Uncertain economic future
  • Date: Mon, 06 Dec 2004 13:12:14 -0800

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 greenbackĀ­not, 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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