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September 20, 2005
Jim Kunstler
"Was it a good thing to buy a 3,600 square foot house 32 miles outside Minneapolis with an interest-only adjustable rate mortgage -- with natural gas for home heating running at $12 a unit and gasoline over $3 a gallon? Was it the right choice to run three credit cards up to their $5000 limit? Was I chump to think my pension from Acme Airlines would really be there for me? Do I really owe the Middletown Hospital $17,678 for a gall bladder operation that took forty-five minutes? And why did they charge me $238 for a plastic catheter?"
I don't know a lot about Jim Kunstler, but the bit above strikes me pretty head on. How many millions of Americans are in this situation? Sometime, and a lot of people think sometime soon, we are going to find out. This is a rather bleak but powerful speech by Kunstler that I also find myself agreeing a lot with. And I also like his paintings.
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