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Thursday, June 04, 2009
Let's see. This depression was caused when gas prices escalated past three dollars pergallon toward the five dollar mark. Here we go again. The automotive industry is in chaos, jobless rates are at an all time high, homes are being foreclosed left and right, and the petroleum industry is going for more profit. General Motors is now government motors because of the profit greed. I saw this starting to happen in the 80's. Back then we called it the east coast philosophy. Make your profit today, make your profit tomorrow, and keep making a profit everyday. We call it the "now" generation. It started with the dot com business and spread from there. Instant profit at all cost.
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