a little more McLuhan (& maybe Pynchon)

[David Morris]

More and better jobs would be a better thing.  Money's best when it FLOWS...

On Wed, Aug 24, 2011 at 9:59 AM, Tom Beshear <tbeshear at insightbb.com> wrote:
> It would be nice if saving became a long-term habit for Americans, not just something we do when times are tough. Less consumer credit would be a good thing.
>
> ----- Original Message ----- From: "alice wellintown"
> <alicewellintown at gmail.com>
> To: "pynchon -l" <pynchon-l at waste.org>
> Sent: Wednesday, August 24, 2011 8:10 AM
> Subject: Re: a little more McLuhan (& maybe Pynchon)
>
>
>> Why are Americans saving more? Is it because the government passed
>> laws to protect them from slick banks who lend them money? No. Is it
>> because financial illiteracy has been reduced from near 95%? No. It's
>> the economy stupid. Americans are not as dumb as they look. They
>> understand what they are gettting inot when they leverage their houses
>> to the moon. Now, they have to get out of it. Save money. Americans
>> will never understand or want to understand money.
>
>