> I'm begining to wonder if the "American Dream" is being UNDERMINED by
> OUTSOURCING American jobs to other countries like India (which pays 57%
> of 4 year degree) and the IMPORTATION of ILLEGAL and "dirt cheap"
> workers from latin america. Globalization WILL UNDERMINE the American
> "Standerd of Living" Whatever that means-----It REALLY means that
> America had Better BRACE itself or the hard times coming.
Housing prices have historically following income for over a century.. We are just in a bubble now. I remember all the rationalizations in the late 1990s about no stock bubble, just a "new economy".
Money flows to the greater return vs risk.
I used to think that only the NY Times had all the jerk English majors but I guess some leaked to other rags. I have no idea who Siegel might be but after a while they get to be buck a word wind bags. The more they say / write the more they tell us what they do not know or understand.
arthur
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