Icon Re: McGhettoes
G
Green Mtn (view)

Where's that conclusion come from?! It makes no sense.

Unless! you view the plans for Human Corridors as imaginary.

If so, do a little research: Human Corridors Wildland Corridors Transportation Corridors

That said, rather than belittling your observation I was supporting it by clarifying its origin and its long range purpose.

Surely Sir, you don't believe Greenspan's 60 Minutes nonsense about the Fed having not a clue as to the probable outcome of the legal changes, he approved institution of, which lead to the subprime scenario. Banking scenario's have been studied and documented for centuries, including the psychology* of why a scenario such as the allowance of subprime lending can't help but come to the conclusion, it has. I suspect the outcomes are far more predictable than war college studies.

I agree it is a tragedy but a highly predictable one, especially when the organization who makes the rules, also controls the interest rates.

However, that manufactured bubble did extend the illusion of a prosperous American economy while making millions poorer than they were, when they just dreamed of owning a home.

An other curious thought strikes me. I would have to conclude the dissolution of neighborhoods - per the article- was figured in. Meaning the collateral damage, to those who could have managed their mortgage, if property values had not plunged (whereupon they could no longer refinance), or the place just became a Hell Hole for family living. Phew, it takes me back to that blogger you just introduced us too: ...power knows no natural decency.

sad days indeed David...

* which is so obvious, it requires no explanation

–--
“Restriction of free thought and free speech is the most dangerous of all subversions.” Wm O. Douglas
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