Tuesday, September 18, 2007
Here's another log for the fire: U.S. home foreclosures are soaring. Click on the headline to go to the AP story.
My take on it, though: There is business and economics, and then there is everything that is not business and economics. In an ideal environment, there would be a balance between the two. In a less than ideal environment, then those things that do not have anything to do with business and economics would encroach on business. But in the environment this state, and even this nation, is experiencing, it seems that nothing actually has anything to do with sound business or economics. Everything has something to do with everything that has nothing to do with economics, and no one -- no party or group and no individual -- is saying anything that will actually repair the economy of this country.
Posted by Downtowner at 2:38 PM