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[bobf <bobford79 AT yahoo.com>]

Wendy; I hope that you are right.  I wrote last week that skilled and 
unskilled labor is available here for 'half' what it was at the beginning of 
the spring.  Those are hard working people.  I don't , yet, see things the 
way you do.  Every experience in my life says that those who are already 
hurting will be the first to bear more pain and eventually , the greatest 
pain.

I will keep am open mind as I observe what is happening.  My personal 
philosophy is to let it all fall; and start fresh with a real and honest 
system.  But, as I have written; I have family and friends for whom I fear -- 
and, if things go terribly wrong, I guess I could reach a point where I fear 
for myself.  But, I wouldn't mind suffering for a new system -- an 'ideal'.  
I don't choose to force my willingness to suffer onto others, 
though...................................

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--- On Mon, 12/29/08, Wendy <crazygardens AT verizon.net> wrote:

> From: Wendy <crazygardens AT verizon.net>
> Subject: Re: [Homestead] Sky-is-falling forecasts
> To: bobford79 AT yahoo.com, homestead AT lists.ibiblio.org
> Date: Monday, December 29, 2008, 6:22 PM
> Bob, your first paragraph is what is normal for this
> country.  What you are describing is what "business as
> usual" has brought us.  The people who are being tossed
> out of their homes are those who bought homes they could not
> afford in the first place.  They will just go back to
> renting.  The large unemployment numbers are from the
> financial sector tossing off their top-heavy load of math
> juggling staff ie. the life suckers.  Businesses are failing
> due to bad business practices ie extending excessive credit
> and living on leverage to prop up the books. There are a few
> real causalities (there were far more causalities from the
> high oil prices caused by the life-sucking speculators), but
> I don't think more than have been in the past and I
> think lots less than have fallen due to the big boys using
> leverage to force out the smaller, but solid, businesses.
> 
> The good hard working people will come out of this better
> than ever.  Gas is now affordable.  Property values are
> falling to where those in the income bracket who lost their
> over-valued homes due to shoddy lending practices will be
> able to afford housing again.  (BTW we have only seen the
> tip of the iceberg here.  More to come in the next 18mo.) 
> Small businesses will be able to start and operate again. 
> (yes, start-up funding will still be available to legitimate
> businesses with tangible assets.)  I'm excited.
> 
> There is a lot of scare tactics going on now.  Those who
> make millions by juggling the books are crapping themselves.
>  It is their panic that is spilling over to us all.  They
> want us to panic and force congress to give them the money
> to prop up their house of cards.  They want us to believe
> that only by MORE deficit spending sent their way can we
> survive.  Relax. Things will be better for common Joe
> because of this.  Don't let the mass hysteria at the top
> get to you.
> 
> Wendy
> 
> 
> 
> > I understand what you are saying , Lynn, and
> philisophically don't dis-agree.  I simply do not want
> to see children going hungry; citizens sick and dying
> because of inadequate access to decent health-care; homeless
> numbers expanding; and all of the consequential social ills
> that follow catacysmic economic turmoil and social disorder.
> > 
> > Either way, I will survive, and will try to flourish
> and prosper.  But a lot of people are three or four
> paychecks away from complete destitution. The
> 'system' is not fair, it is 'instead' cruel
> and antithetic to social good.  I do not wish ill fortune on
> the hard working citizens of my country; and they are
> exactly the ones who will be hurt most.  The system needs to
> be changed , but not on the already bent backs of the good
> and decent working people.
> > 
> >
> --------------------------------------------------------------------------
> > 
> > 
> > --- On Mon, 12/29/08, Lynn Wigglesworth
> <lynnw1366 AT hotmail.com> wrote:
> > 
> >> From: Lynn Wigglesworth
> <lynnw1366 AT hotmail.com>
> >> Subject: Re: [Homestead] Sky-is-falling forecasts
> >> To: homestead AT lists.ibiblio.org
> >> Date: Monday, December 29, 2008, 11:50 AM
> >> > I hope I am completely wrong and that the
> economy is
> >> back to normal in 2-3
> >> > years.
> >> 
> >> Bob; I think that is why many of us feel that we
> are of a
> >> different mindset
> >> than you. I, at least, don't think "back
> to
> >> normal" is a good thing. The
> >> false economy, as you have pointed out, rewards
> the rich
> >> and punishes the
> >> people who actually do the work (which is most of
> us on
> >> this list). In the
> >> 'good years', things were inflated far
> beyond their
> >> actual value. Now that
> >> the entire country and everyone in it is in debt,
> >> 'they' are bemoaning the
> >> fact that people are *gasp* not spending money
> they
> >> don't have. Something is
> >> terribly wrong with that picture. I think the
> whole economy
> >> has to come
> >> tumbling down enough to bring even the rich to
> their knees,
> >> then it can be
> >> rebuilt, valuing REAL productivity, NOT paper
> shuffling or
> >> monitoring
> >> electronic blips.
> >> 
> >> Lynn Wigglesworth
> >> 
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> > 
> > 
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> >