Tuesday, January 15, 2013
Hopelessly Throw More Overpopulation Debt Money at It
We have zombie low interest rates coupled with “0% Mattress Savings Interest Rates” [albeit your mattress might be safer to put it than a bank] and we call it the Recession is over, bottom of the bubble. When was the horrifying top then? I know, past Seattle free economy American history has no place today, we’ve entered the Fascist foreign/corporate controlled Twilight Zone….but let’s face it, all the really good times in Seattle for home affordability in the past were when home mortgages were 6-8%, population density was about 1/5th of today’s and home ownership was affordable with one income. We had youth full of hope then, that learned math ond science for half of the staff cost of today’s public schools….but we also had 1 acre lots in Seattle, tree houses, dirt bikes and green belts galore too….not kids crammed in apartments/condos, with no place to dream except in front of a Halo video game in the living room. But what the heck, throw more money at it anyway…..borrow [take] it from our Social Security, we’ll never retire anyway….