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Friday, May 20

Pinko Commie Capitalism

Check out The Rise of Red Capitalism:

"Micro or macro? The little telltale bit of information...or the big picture?

You never know which is worth looking at. Most of the "news" is merely noise. It is a distraction; it is diverting...a form of entertainment. Usually a waste of time. The Dow goes up. The Dow goes down. Housing starts increase...or they decrease. There are so many weedy facts in the daily news; it's almost impossible to see the whole lot.

Still, you never know what you might find. Houses in California are still rising at 15% per year - a rate five times faster than consumer prices. That trend will come to an end, but it didn't end yesterday."


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