November 21, 2009

Collapse

Unburied bodies tell the tale of Detroit — a city in despair
- The abandoned corpses, in white body bags with number tags tied to each toe, lie one above the other on steel racks inside a giant freezer in Detroit’s central mortuary, like discarded shoes in the back of a wardrobe.

Some have lain here for years, but in recent months the number of unclaimed bodies has reached a record high. For in this city that once symbolized the American Dream many cannot even afford to bury their dead.

The Pending Collapse Of The U.S.A. - The truth that most people realize but can’t openly talk about is that America has seen better days and that the system of capitalism has long outlived its usefulness. The last part of that sentence, that capitalism has outlived its usefulness, is thoroughly the fault of the capitalists themselves.

Commercial Real Estate Will Collapse - The commercial real estate market is on its last legs and unless drastic actions are taken, the effects on the broader economy will be catastrophic. After two years of one financial crisis after another, the Fed has fewer cards to play, and the foreign investors who bailed out commercial real estate investors in the past are sitting on the sidelines waiting for the prices to collapse.

Comments

8 Responses to "Collapse"

Anonymous said... November 21, 2009 5:26 PM

We are well on our way to total collapse. Thank you for an informative blog.

Anonymous said... November 21, 2009 6:23 PM

LOOKS LIKE THE DAYS OF HORSE AND BUGGY ARE ON THE WAY BACK.FROM JAY IN NC

Anonymous said... November 21, 2009 7:17 PM

Just a matter of time.

Mechanic in Illinois said... November 21, 2009 9:38 PM

Don't blame me,I voted for McCain

Anonymous said... November 22, 2009 2:12 PM

The guy who wrote the middle article is an idiot. He thinks the 'cure' for all our problems is for Obama to just live up to all of his promises.

Anonymous said... November 22, 2009 6:44 PM

Always important to remember that "capitalism" isn't the same as "free market capitalism." The latter's always a good thing, the former is not necessarily so.

McClarinJ said... November 23, 2009 8:47 AM

Don't blame me, I voted for Ron Paul and hope to vote for him again in 2012.

Patriot Farmer said... November 23, 2009 12:01 PM

What more proof do we need. The gang in Whashington is well on their way to enslaving all of us. We really are looking at a matter of weeks before everyone will see what they are up to.

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