chou chope

now you all know what a tech bubble is...and there's been much talk of a real estate bubble, so i wonder why no one yet has properly labeled the new orleans fiasco a shit bubble? because as far as i can see...it fits..

a bubble, if you are unfamiliar, is when the price of an asset becomes misaligned with the fundamentals of the venture...the bubble is a bubble because it's destined to pop, and when financial bubbles pop, you get a lot of "refugees" that lose everything they owned because they claim they had no idea whatsoever that they were among the irrationally exuberant...

great thing about the business world though, it's driven by dollars and sense..see, no one hired tech companies to save the poor tech savvy day trading fruitcakes when they fell flat on their asses...and nobody is going to turn to real estate developers to save them when they find themselves on the losing end of an interest only loan on a mammoth mortgage..it's common sense...isn't it?

downside of the business world, it's unforgiving...you want sympathy? see a therapist...you want to dig yourself out of a huge financial burden? see a professional money manager...it's that easy, people

so then why should we as a nation be pooling every resource we have, from good will to cold hard cash, only to dump it in that hazmat area formerly known as new orleans?

nope, i think you're all crackers..irrationally exuberant crackers...lets hire duraflame to burn that shit to the ground and get clorox to sponsor the spring cleaning.. use the billions (our common cents) to support the refugees and the communities they are now inversely taxing (dollar for dollar)...

we should leave it to private entrepeneurs to capitalize and rebuild the new new orleans... if it's financially viable, it will be done...and leave all the dumbfuck politicians out of the discussion completely... they are all to blame for the shit bubble rising to the surface in the first place..

sorry to burst your bubble..i'm a harsh bitch that way..