All right, Kirk, my little pretzel twist observation: The financial industry will not fail to see that the middle class fails. I'm not sure we'll ever regain our lost ground. I'm kind of old to expect to regain much. I'll be just remain standing. And I haven't even been hit as hard as millions of others.
WV - keties. Isn't that the economist I almost compared myself to?
Kirk, I hope you're right, though it feels that that the middle class has become prey to the fat cats with with foreclosures, payday loans and unreasonable interest. Courts seem to be on the side of the banks, ordering garnishees of MC wages on loan defaults to folks who have lost their income while the Fed bails out the Banks. But you know this.
In order to keep the hucksters, humbugs, scoundrels, psychos, morons, and last but not least, artificial intelligentsia at bay, I have decided to turn on comment moderation. On the plus side, I've gotten rid of the word verification.
All right, Kirk, my little pretzel twist observation: The financial industry will not fail to see that the middle class fails. I'm not sure we'll ever regain our lost ground. I'm kind of old to expect to regain much. I'll be just remain standing. And I haven't even been hit as hard as millions of others.
ReplyDeleteWV - keties. Isn't that the economist I almost compared myself to?
Les, the financial industry probably grew the size that it did because we have such a huge middle-class. I just hope they realize that.
ReplyDeleteAs for your word verification, I think John Maynard Keynes had a lot of cats; )
Kirk, I hope you're right, though it feels that that the middle class has become prey to the fat cats with with foreclosures, payday loans and unreasonable interest. Courts seem to be on the side of the banks, ordering garnishees of MC wages on loan defaults to folks who have lost their income while the Fed bails out the Banks. But you know this.
ReplyDeleteDon't hope I'm right, Tag. I'm pessimistic about the whole thing. You're points are all well taken.
ReplyDelete