[TheForge] rant concerning quality of products
Andrew Vida
osan at netlabs.net
Fri Apr 17 21:47:30 EDT 2009
ries wrote:
> Sad, but true.
> There is no real reason we couldnt make a tiller as good as the French
> or Italians, if we wanted to- if somebody was willing to invest the
> money to build a quality company, the market is certainly there. But
> instead, american money men buy watches, or cars, or third houses,
> they do silly, but profitable, IPO's and leveraged buyouts and CDO
> swaps.
There is nothing wrong with any of these things, except the CDOs, which
are pure fraud - but that's another story - as long as the basics are
covered, which they are not. That is one reason we are going to hell.
Another is unions, who did their very fair share of screwing each and
every one of us into the ground. Little in the USA has made sense since
the mid-60s, and it has gotten worse every year. What goes on today is
simply surreal. Bush's TARP and Obama's "stimulus" are scary jokes put
on us. My friend Jimmy is in deep financial shit, no fault of his own -
he's trying to sell off 20 acres of his farm to pay bills. I put the
land in a paper - tons of calls, tons of wants - nobody can get a loan.
One guy with perfect credit had to shell out anywhere from 20 to *50*
percent down in order to get a mortgage. Looks like he, too, will not
be able to buy. Looks like I may have to stand by and watch a good
friend possibly lose his home. It all makes my head hurt.
I suppose the biggest problem with American today is that everyone is a
bloody crook.
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