on money (in the abstract)

[Joseph Tracy]

I agree with you. At least this way military takes a cut, theoretically anyway. I just think Kunstler's flamboyant snarkiness can be funny and the line about the croissant from a leper colony was my favorite. I think his point is that it's all looking pretty disfunctional.   
On Nov 22, 2011, at 10:58 AM, David Morris wrote:

> On Tue, Nov 22, 2011 at 9:42 AM, Joseph Tracy <brook7 at sover.net> wrote:
>> Folks of all stripes and accents desperately seek to move their money to some safe harbor - but where is this cozy mooring? To the US for the moment perhaps; but what happens Monday morning when the markets react to the weekend news that the US Senate super-committee has been utterly unable to agree on decisive action that would forestall the scheduled massive automatic budget cuts built into this red-white-and-blue doomsday machine - not to mention the ratings agencies threats to knock UST-paper down another notch upon such failure. Oy yoy yoy!
> 
> This is just plain silly.  Anyone who's been paying attention knew
> that the Catfood Commission was heading to deadlock, and if you're at
> all progressive you'll view this outcome as a good thing.  Doing
> Nothing was the best thing to happen.
> 
> Just listen to Uncle Ernie:
> 
> http://www.dailykos.com/story/2011/11/21/1038837/-Bernie-Sanders-explains-why-no-Super-Congress-deal-was-the-best-deal?via=blog_1