Monday, September 12, 2005

More sunshine from Jim . . .

It is always good to start the week with the sunny optimism of Jim Kuntsler:
In the economic sector, the delusion persists that the US Economy will be "unaffected" by the massive losses entailed by Katrina (as the New York Times put it last week). We don't need no steenkin' Mississippi Reever sheeping terminals or oil refineries. It is hard to imagine what species of gnostic theology this line of thinking is predicated on. Or how the economic press figures that price inflation of all ordinary household goods will not shoot up when truckers are paying twice as much this year to move frozen fried chickens from Arkansas to Philadelphia -- not to mention the fact that the disposable income previously allocated to Blue Light Special shopping in the chain stores is now being blown out the tailpipes of people struggling to pay for their fifty-mile commutes.
Yessir, boys and girls, we are in for an interesting fall and winter.

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