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  • From: "Jerry W. Shepperd" <shepperd AT mail2.pvco.net>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Wrong admission
  • Date: Wed, 24 Sep 2008 21:43:23 -0500


As many of you know, some of the hardest working people, not only in the US, but around the world, are also the poorest. Sixty-five percent of the poor in the US work, many of whom work two or more jobs. Most of these, and many more who are not poor are three or four months of pay away from homelessness. True, many have brought it on themselves with injudicious use of credit, not unlike Bear Stearns, Lehman Brothers, AIG, Merrill Lynch, and several others whose names are not headline news, but a whole passel of these hard-working poor don't have any credit to abuse, without the hope of a federal bail-out. These are the ones who will likely be hurt first in an economic depression, but the rest of us aren't immune. James and others are correct when they say Plant those fall gardens if we want the assurance of food through the cold times ahead (economically, not necessarily climatic).

Jerry Shepperd


At 08:39 PM 9/24/2008, bob ford wrote:
Forget me, I'm not going to personalize this, I really am trying to completely understand what I am missing in what you are saying.

Many people, in cities , small towns, and rural areas alike, work very hard. Some doing brutal physical labor. They have never known "sit-on-your-arse society". I guess my point is that people who did sit-on-their-butt, who weren't responsible with their crdit; who were frivilous with their financial affairs, appear to be looking at ,in most cases,no worse future, & in some instances, better future, than people who have toiled hardily and lived frugally.

Maybe I just see a different part of society, but I know people who have sat on their butts for most of their lives and played the game, one way or the other. They aren't at all worried. Worse case scenario, they take off for a couple of years to Europe, if they have squirrelled things in the right places; or to their U.S. vacation houses, if they haven't. They think they are going to lose money and have a simpler lifestyle for a while, but that's it.

On the other hand, I have 30 something year old cousins, who live closer to your neck of the woods than mine, work hard at two jobs, and could be devestated quickly by job loss. I just don't understand how only lazy, carefree people are going to lose, if, as you say " It's real. It's happening. It's coming to a world near you." ....bobf



----- Original Message ----
From: "Clansgian AT wmconnect.com" <Clansgian AT wmconnect.com>
To: homestead AT lists.ibiblio.org
Sent: Wednesday, September 24, 2008 6:20:08 PM
Subject: Re: [Homestead] Wrong admission



> > I still have relatives who live in rural areas. Many of them ,soon, will
> be really hurting . I'm just trying to understand .

Then understand this above all: The bailout will not change anything. It
might delay it a few weeks (oh, say, until after the election) but it will
change nothing. The bill is coming due for our sit-on-your-arse society and
nothing in the end will forestall it.

It's real. It's happening. It's coming to a world near you.

I have realtives in the country too. And he message to them is: Here's a
shovel, get out there this winter and prepare next spring's garden. Learn a
useful trade. Learn how to do for yourself. The posterior sitting culture is
passing away and all the king's horses and all the king's men can't put it back
together again, </HTML>






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