Tuesday, August 25, 2009

KUNSTLER: The people in charge of things in the USA have lost their minds.

What's growing in this country besides unemployment, bankruptcy, repossession, liquidation, gun ownership, and suicidal despair? In short, are you out of your mind, Paul Krugman?

SHOOT: The problem is that no one knows what 'reality' is any more, not even the experts.
clipped from kunstler.com
Paul Krugman says that we'll soon realize that Gross Domestic Product (GDP) is growing.
He actually said that on the Sunday TV chat circuit. Not to put too fine a point on it, but I would really like to know what you mean by that Paul, you fatuous wanker.
Do you mean that the Atlanta homebuilders are going to open up a new suburban frontier down in Twiggs County so that commuters can enjoy driving Chrysler Crossfires a hundred and sixty miles a day to new jobs as flash traders in the Peachtree Plaza?
Do you mean that the Home Equity Fairy is going to wade into the sea of foreclosure and save twenty million mortgage holders currently sojourning in the fathomless depths with the anglerfish?
Do you mean that American Express and Master Card are about to declare a Jubilee on
accounts in default everywhere?
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