Sunday, December 26, 2010

"2010, the year the shoppers came back"




according to the site i found the "not hiring" photo at the sign is wired to a fence at a construction project in whoretown and there's a lot of hype about "strong retail sales this shopping season" out there and a stock market that is inching its way back to a bubble...some question as to which to believe...right now crude oil is $91.41 a barrel ( a price reflected at the gas pump) which is about six dollars a barrel above the point at which energy costs begin to have a negative impact on economic growth (ha!) and yet the "energy sector" of the stock market will react favorably to higher prices and may drag the rest of the market up with it...a testament to the speculative nature of the market and its profound disconnect with the economy that the rest of us live in...the housing market is till dead as a coffin nail...although commercial building goes on...why i cannot say...what percentage of commercial real estate is empty these days? a quick jaunt up old ridge road and through the "old" business section of hobart ( not the wholly artificial monstrosity of "greater hobart"...a concept that is as frighteneing as it is preposterous...pretentious fools) finds no fewer than eleven empty buildings from the old corey brother's bakery to what used to be epperson's furniture...extrapolate that out across the country and it could represent many millions of square feet standing empty...so have things gotten better for the bottom 99% of the econmic hierarchy ( where i live and work) or have we just adapted to reduced circumatances and is this holiday shopping season anomolous? or are we just hearing a rush of positive wishful thinking from the economic elite, its clients, advisors , and the stenographers that print what they say because their world view insists that things will get "better"...that "growth" will return because their thinking is informed by their desires? i don't know ( which is a phrase that should be in the vocabulary of the yahoo punditry but isn't because then their usefulness as propagandists for wealth would be over...tom friedman is such a transparent ass)...but the bright, shiny, happy cant that is spewing out of yellow rags like the wsj and the kipplinger letter does not square up with the reality facing the people i work and live with...someone is deeply mistaken.

there's hope for the bushes...

"this is a family that once had the presidncy and two senate seats, and now they're down to the mayor of santa monica."
darrell west of the brookings institution on the lack of kennedys in federal office.

one less plutocratic family taking part in the hamiltonian ponzi scheme those fools call government...i am disconsolate...don't know how i will sleep tonight...one can only hope that any other pompous shits with pretentions to dynasty enjoy the same sort of political longevity with the same results...giddy with arrogance the kennedys self-destructed in a blaze of drunken hubris and crimial behavior that was swept under the rug because they were wealthy...there is always a segment of the population suffering from stockholm syndrome that will identify with and love their oppressors....worshiping their incredible self-absorbtion...richard nixon did a fair job of erasing any traces of the low-life adulterer jkf from the white house...all that's left to do is hose down teddy's senate seat, fumigate his old office and hope the whole rotten edifice of the late empire collapses from the weight of its own corruption before another goddamned bush gets into any sort of office higher than dog catcher or water commissioner

2 comments:

  1. I miss that old bakery and sadly haven't checked out the new one yet; must add that to my immediate "to-do" list

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  2. that bakery was a neighborhood staple throughout my childhood amd into adulthood....along with a branch of the glen park bakery that used to be on wisconsin street near the corner of third, the west side's bread and pastry needs were covered...i didn't know there was a new bakery in town...might be worth a trip...

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