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alstry (35.46)

Soon you will convert to Alstrynomics

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June 13, 2009 – Comments (9)

After being led down the wrong path by the mainstream economists.....soon you will start to apply Alstrynomics.

As millions get fired....and tens of millions are forced to work part time or take masssive pay cuts.....affordiblity of housing will drop to practically nothing after paying property taxes, insurance, utilities, and maintenance...In The Great Depression property taxes and insurance were practically NOTHING.....think about how much you pay now and what price of house you could afford simply with those payments.

You have been warned....prepare!!!!

In 2008 Detroit ranked as the United States's eleventh most populous city....

In the city of Detroit, the median sales price in May was $6,000, down 29.4% from May 2008.

http://globaleconomicanalysis.blogspot.com/2009/06/medium-home-prices-in-detroit-fall-to.html

Clearly Detroit is a leading case....but this trend is impacting the entire nation at different rates...

As more and more lose their jobs and/or are forced to work part time or suffer massive wage/benefit cuts....affordiblility will keep dropping and dropping.  In some cities like Flint....you can't give homes away due to the economic distress so they are bulldozing entire neighborhoods to cut costs.

If we continue down the same path with the same policies......prepare for the FU virus to spread across the nation.

Economics vs. Alstrynomics.....one tells you what you want to hear....the other is about telling you the truth and being right.

By the way...economists will tell you the above can't happen because populations/business would naturally migrage from higher cost areas to lower cost areas....so much for theory vs. reality.

It only gets worse my friends....PREPARE!!!!!!!

9 Comments – Post Your Own

#1) On June 13, 2009 at 4:41 PM, robstuck (< 20) wrote:

you're like the drunk homeless dudes in downtown seattle.. the end is near!! LOL.. i can't imagine what the alstry was saying right before Y2K..

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#2) On June 13, 2009 at 7:22 PM, dickseacup (67.01) wrote:

I think there are a bunch of economists who believe that "economics" is 90% physics and 10% sociology. At the same time, there are some economists, a much smaller minority, who believe that "economics" is about 80% psychology and 20% algebra (OK, maybe some calculus thrown in for fun).

Of the two, the latter seem to be much more pragmatic, empirical, hands-on, "applied," and generally grounded with regard to what is really going on around us. The former, mostly academics, are dangerous. Politicians and elite corporate executives seem to be enthralled by the theoretical, the figurative, the fantastical and mystical never-never land that their models describe. 

If the American people were subject to policy driven by the skeptical empiricists who make up the smaller sub-population of economists, we would probably not be in such bad shape. My father would have been at home with that group. He used to tell me, when I was young and knew better than everyone else, "Son, when you find yourself in a deep, dark hole, the first thing you ought to do is put down the shovel." That's what the pragmatists are saying. Not that anyone is listening.

 

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#3) On June 13, 2009 at 7:59 PM, OneLegged (< 20) wrote:

I calculated a few weeks ago that I paid 46.4% of my gross 2008 sales towards taxes and insurance.  NOT including sales tax or "fees" such as vehicle registration etc etc etc.  The real figure must be well north of 50% of GROSS.  It's like being strangled slowly, but surely.

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#4) On June 14, 2009 at 12:23 AM, Bilifuduo (98.27) wrote:

I was reading your " Clueless" blog and came upon a comment where you said that the 3 trillion deficit was calculated by adding the state and nat gov deficit together (there were others, but they are insignificant). The nat gov def is 1.8 tr, but the state gov deficit is only 106 billion. The total doesn't even equal 2 tr. I am curious as to how you got that 3 tr deficit numb. What sites did you use? I used this

http://www.cbpp.org/cms/index.cfm?fa=view&id=711

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#5) On June 14, 2009 at 3:05 AM, alstry (35.44) wrote:

Bilifuduo....soon you will leave the Matrix....if you can't see it yet.....and that link is all you have.....it will soon find you....please be patient.

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#6) On June 14, 2009 at 3:19 AM, Seano67 (80.63) wrote:

Alstry, Sean is loving how you've introduced the Matrix into Alstrynomics. Now Sean is wondering, ya know sometime down the road, if you couldn't maybe introduce some Star Wars into the equation. I mean it's a natural, you've got your Dark side and your Light side of the Force, you have the robots and Wookies and Ewoks and Sith Lords and Stormtroopers, and you could have like Jedi Knights battling the Zombulator and stuff like that.....  Wowsahs, that would just be like the coolest thing ever. It gives me chills just thinking about it.

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#7) On June 14, 2009 at 3:39 AM, Tacomatight (73.76) wrote:

alstry,

Anybody who saw Robocop knew that detroit had a bleak future.

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#8) On June 14, 2009 at 11:45 AM, jddubya (45.77) wrote:

I'm not seeing the positive that was promised in an earlier blog....

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#9) On June 14, 2009 at 10:19 PM, Bilifuduo (98.27) wrote:

........ I know that the U.S. is in a sh*thole right now, but that doesn't help explain how you got that $3 trillion figure. Acting like a homeless bum in Skid Row wearing an ARMAGEDDON! sign is probably in right now, but where's the proof? Or do you not have any?

O and that one website is all I need. You have none.

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