Tuesday, February 24, 2009

Current events

I'm really enjoying the radio news & the NY Times lately.

Yesterday Tom Ashbrook was interviewing Richard Florida, a city planner whose vision of the future is that most people will live in vast urban stretches (like Charlanta between Charlotteville & Atlanta) and Chipitts (Chicago to Pittsburgh), fewer people will own homes and prefer renting so they can shift their location more quickly & easily, and large developed areas of the US are going to become more or less abandoned.

Today Ashbrook interviewed some economic experts who were grappling with the question: if you nationalize the banks but call it something else what will happen to our economy. I already new that Citibank is on the verge of collapse and is probably a zombie bank. I found out that WellsFargo, which holds my mortgage, is probably a zombie bank too. Where are all these goddamn genuises that made so much money faking an outrageous economic expansion for the past ten years? Why can't Ashbrook get some of those big brains on his show? Oh, probably because they are so busy saving the economy (or rowing toward their offshore accounts).

In the future:

  • very few of us will own homes because the creative knowledge workers are busily shifting from one end of the country to the other trying to chase employment;
  • many of us will visit with our friends and family by videoconferencing and Facebook (or its future development)
  • people who can't afford to own a car will wear a green cap as they ride their bike to the train station
  • our kids will major in Mandarin chinese so they can grow up to sell what's left of the country on the Asian markets (before they begin rowing their boats slowly offshore)

It's going to be fun throwing our triplets into this mix/mess.

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