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A nation of millionaires who can't afford to buy anything
The Times ^ | May 8, 2006 | Jonathan Clayton

Posted on 05/07/2006 11:41:46 PM PDT by MadIvan

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To: Seeing More Clearly Now
Seems that hyperinflation in Zimbabwe now like Nazi Germany times, where wheelbarrows were needed to bring the money for a loaf of bread.

The irony is so thick you can cut it with a Long Knife!

Mugabe fancies himself "a Hitler", and boasts of the comparison. His late right-hand man went by the monicker "Hitler" Hunzvi.

Looks like he's signed on for the full treatment. Maybe we should all chip in and buy him a bunker.

21 posted on 05/08/2006 2:27:20 AM PDT by Don Joe (We've traded the Rule of Law for the Law of Rule.)
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To: goldstategop
What will it take to convince the Left socialism does not work?

With the world's last remaining communist superpower well on its way to becoming the world's wealthiest and most powerful, influential nation?

Let's just say that I wouldn't hold my breath waiting for the left to have an epiphany.

22 posted on 05/08/2006 2:32:01 AM PDT by Don Joe (We've traded the Rule of Law for the Law of Rule.)
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To: wardaddy

There are parts of the US where folks worth just a million or two can't afford a really nice house.

You ain't kidding.


23 posted on 05/08/2006 2:47:25 AM PDT by jjm2111 (http://www.purveryors-of-truth.blogspot.com)
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To: wardaddy; MadIvan
There are parts of the US where folks worth just a million or two can't afford a really nice house.

Many of us with minimal property holdings will become millionaires by default with a few more years.

Of course by then, being a millionaire will be about as impressive as having a credit card.

24 posted on 05/08/2006 2:55:01 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: PittsburghAfterDark
Isn't that Democratic policy?

It was one of the first things that crossed my mind when I read this.

25 posted on 05/08/2006 4:36:58 AM PDT by Hardastarboard (Why isn't there an "NRA" for the rest of my rights?)
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To: Seeing More Clearly Now
And the leftist shield to such criticisms is to call "everyone a dictator" including President Bush.

Socialists REALLY need to get out more and visit these countries that they praise.
26 posted on 05/08/2006 5:06:13 AM PDT by weegee ("Season's Greetings and Happy Holidays")
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To: wardaddy

In the building where I live a two bedroom apartment (co-op) goes for over 750,000. That's an ordinary, unrenovated 60 year-old apartment with no parking and about $1500 a month in maintenance charges on top of your 15 year mortgage payments.

But I do pray for the suffering people of Zimbabwe. Seems their situation just gets worse every day.


27 posted on 05/08/2006 5:09:26 AM PDT by joylyn
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To: Seeing More Clearly Now
Seems that hyperinflation in Zimbabwe now like Nazi Germany times, where wheelbarrows were needed to bring the money for a loaf of bread.

Post-WWI hyperinflation helped bring the Nazis to power. Billion Mark notes were a relic from the days of the Weimar Republic, not of Adolf Hitler.

28 posted on 05/08/2006 6:43:38 AM PDT by Denver Ditdat (Deus Vult)
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To: MadIvan


Hah hah!
Bet they wish they hadn't killed or run off Whitey now.
29 posted on 05/08/2006 6:47:25 AM PDT by noobiangod
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To: Denver Ditdat

Meet the new boss - -
Same as the old boss - - Pete Townshend


30 posted on 05/08/2006 6:48:41 AM PDT by szweig
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To: wardaddy

Holy cow, Nashville is over $250/ft2! In Houston it's still common to find a majority of houses under $150/ft2 even if you don't travel out to the burbs.


31 posted on 05/08/2006 7:00:18 AM PDT by Barney Gumble (A liberal is someone too broadminded to take his own side in a quarrel - Robert Frost)
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To: MadIvan

This is like something out of a Frederick Pohl story.


32 posted on 05/08/2006 7:12:00 AM PDT by RightWingAtheist (Creationism is to conservatism what Howard Dean is to liberalism)
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To: RightWingAtheist

At least in a Fredrik Pohl story, there eventually is someone who is willing to fight to change the system. It doesn't look like it here. (btw, Pohl is one of my favorite writers!)


33 posted on 05/08/2006 8:17:23 AM PDT by Maigrey (FRiends don't let FRiends stay stuck on Stupid!)
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To: MadIvan

But I'm sure their self-esteem is much higher now that their government officials are all black, right?


34 posted on 05/08/2006 8:21:36 AM PDT by kittymyrib
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To: MadIvan
This is the same country/government that just announced plans to buy $50 million USD of military equipment from Russia (includes 10 fighters). This kleptocratic regime makes even the worst European Colonial administration (Belgium Congo probably) look good by comparison. Native rule was the gold standard from the 1950s on in Africa and Asia. I'd wish that there had been something left in the middle between colonialism and South African Apartheid so that a comparison could have been made. Unfortunately, in the anti-colonialism fervor of the Cold War, the baby went out with the bath water ...

http://www.freerepublic.com/focus/f-news/1622875/posts
35 posted on 05/08/2006 9:50:13 AM PDT by SES1066 (Cycling to conserve, Conservative to save, Saving to Retire, will Retire to Cycle.)
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To: PittsburghAfterDark

"Isn't that Democratic policy?

Hasn't it been for decades? "

It should cross your mind every time you hear a Dim screeching about oil and calling for price controls, every time they want to take from one and give to the other, every time they want to manage something (which is always).

This is the end-result of the socialist model, every single time.

The only next step is for Mugabe to muster his army to destroy all remnants of private life IF he can find a foreign nation to keep funding him and more importantly keep the army loyal. Otherwise, soon he will be shot by some generalissimo and then some other faction will start fighting for power, and Zim will further degrade into yet another hellhole where local warlords slaughter the innocent in pursuit of control.


36 posted on 05/08/2006 12:14:05 PM PDT by No.6 (www.fourthfightergroup.com)
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To: jjm2111

crazy isn't it?

a truly nice house of say 5-7000 sq feet in a posh part of greater Nashville is now around 2M and up

That same home is 1995 was maybe 400-500k


37 posted on 05/08/2006 4:49:24 PM PDT by wardaddy (I am buying Shelby Steele's new book: White Guilt)
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To: Caipirabob; bourbon

I can go back to when I graduated college and thought 100K per year was rich....1980.

I knew a fellow from NYU law who got hired by Davis Polk right outta school for 120K at age 24 and then made partner at 30 in 1980 and was guaranteed 400K/year plus partner's share

He would need that now to live in that Nassau street loft today.


38 posted on 05/08/2006 4:52:20 PM PDT by wardaddy (I am buying Shelby Steele's new book: White Guilt)
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To: joylyn

I had a co-op in Manhattan...1986...1500 sq feet on west 85th right next to the YWCA dorm between riverside and west end....it sold for 330K then

I picked up classifieds NYT at my docs office last week and it looked like prices have tripled at least


39 posted on 05/08/2006 4:54:25 PM PDT by wardaddy (I am buying Shelby Steele's new book: White Guilt)
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To: Barney Gumble

The nicer (River Oaks style) areas of Nashville bring in 250/foot and even more for urban space

I saw 350K for an 800 sq ft loft....nuts

Williamson county....the posh borough is very pricey too

I have seen stats that median home transfers in Greater Nashville are the highest in the South....including Miami.

But still, it's a bargain compared to Santa Monica or Westchester


40 posted on 05/08/2006 4:57:22 PM PDT by wardaddy (I am buying Shelby Steele's new book: White Guilt)
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