Homestead mailing list

[Gene GeRue <genegerue AT ruralize.com>]

On Dec 29, 2008, at 9:52 AM, Clansgian AT wmconnect.com wrote:
> In our own time examples [of obsolescence] abound.  Think back on  
> the promising career of key
> puch operation.  How long did that last in total?  It wasn't fifteen  
> years.  I
> myself worked long ago as a bench technician in electronics, a skill  
> and body
> of knowledge that is utterly and completely done away with in the  
> era of
> disposable electronics.

I have just left a pistol with a gunsmith. He said I might expect the  
work to be completed in two-to-three months. There is that much work  
ahead of me. So that is one, small, bench profession that continues.  
Yes, I think his current work load reflects the present paranoia.
>  We are passing out of a
> brief era of life by credit score and "wealth" accumulated by  
> leveraging and
> margins.  It’s over and it’s not coming back.

Your guess is as good as anyone's. I hope you are right because I  
think more people will be happy without the credit industry, and happy  
people are more law-abiding and simply more pleasant to be around.  
But, there is huge built-in resistance to such change. The wealthy--a  
much larger group than is generally acknowledged--will exert all their  
political power to maintain the present system, because their wealth  
is connected to it, often dependent upon it.