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John H[_8_] John H[_8_] is offline
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First recorded activity by BoatBanter: Dec 2008
Posts: 924
Default Some interesting parallels

On Mon, 19 Jan 2009 09:59:12 -0600, thunder wrote:

On Mon, 19 Jan 2009 07:10:08 -0500, BAR wrote:


"consumption based economy?" Please tell me you do not want us all to be
come subsistence farmers? If you do I want to live up stream from you.


No, I mean we have become an incredibly wasteful, resource intensive,
society. In the long run, it is unsustainable, especially with a couple
of billion Indians, and Chinese, wanting to be like us. I don't know
what the future of capitalism will be, but I'll wager it will be
considerably different than the laissez-faire system we have had over the
past century.


Perhaps this article in today's Washington Post is a portent of things to
come - the future your discussing.

Read the article. The entire premise is that Obama is going to give money
away - money to pay off mortgages, for example.

http://tinyurl.com/8fb72t
--
* I Have a Degree in Liberal Arts; Do You Want Fries With That? *

John H