Nothing Changes After Week At Sea - Everything Still Sucks, No End In Sight

I had to go out to sea for a week so I couldn't post. It doesn't really matter. Everything is still really bad.

They say every cloud has a silver lining. I'd say the silver lining here is obvious. Buy stock in companies that make bulldozers. In the short run, bulldozers will be on the upswing as they reflect the extent of corporate and bank executive imagination in action. If you have no ideas, no morals, and no worries about anyone but yourself...buy a bulldozer!

I'm thinking bulldozers could be used even more, in the best of all possible worlds. There are lots of child care facilities that could be knocked down, as well as old age homes and other structures devoted to helping some people and draining the life out of the rest of us, especially those in the top income brackets.

The bulldozers could also be used to make underground cities. I really think we should be moving some more of our current unpleasantness underground. Seeing the sun and visiting the above-ground world should be a privilege and not an inalienable right. Might require a little re-drafting of the Constitution, but since that document doesn't have a future in its present form anyway, the time has come to get started.

You're either part of the solution or part of the problem! That's a cliche. Our readers can be both. Maybe we can confuse the bastards enough to get out of the way for awhile, or at least until the germs kill all the Martians and those infernal machines they ride around in.

Banks have a new remedy to America's ailing housing market: Bulldozers.

There are nearly 1.7 million homes in the U.S. in some state of foreclosure. Banks already own some of these homes and will soon have repossessed many more. Many housing economists worry that near constant stream of home sales from banks could keep housing prices down for years to come. But what if some of those homes never hit the market.

Increasingly, it appears banks are turning to demolition teams instead of realtors to rid them of their least valuable repossessed homes. Last month, Bank of America announced plans to demolish 100 foreclosed homes in the Cleveland area. The land is then going to be donated back to the local government authorities. BofA says the recent donations in Cleveland are part of a larger plan to rid itself of its least saleable properties, many of which, according to a company spokesperson, are worth less than $10,000. BofA has already donated 100 homes in Detroit and 150 in Chicago, and may add as many as nine more cities by the end of the year.

[TIME]