Just another Reality-based bubble in the foam of the multiverse.

Tuesday, March 08, 2011

No Roosevelt's Solution

The wealthy FDR saw the writing on the wall. His peers hated him, they called him a traitor to his class, but he saw. As a result, the nation- and his class, the wealthy, the aristocrats, survived the Great Depression, and the $treet gained regulation that lasted until Reagan, Clinton, and Bu$h.

In the 1930s we had no bloody revolution like the Russians did at the turn of the 20th century. We had no Hitler or Mussolini. We had the Civilian Conservation Corps.

But that was then.

Now, the desert shows signs of returning, and when the Dust Bowl blows again, most likely response will be for Goldman-$acks to sell water futures, draining the Great Lakes for speculators, and then make a killing when the midwest goes Sahara.

No comments: