As a Boomer, I will tell you we too were suffering financially, the interest rates were set at 10-12% for mortgages, if you were lucky enough to have got into the housing market in the late 1970’s early 1980’s , and just forget about car loans because the stock price for the cheapest small car was $15,000...an impossible price for most workers struggling at $10.00 an hour, even those jobs were scarce, because it was the prelude to manufacturing corporations moving to spend less on salaries and more on profit especially since many of formerly family owned businesses, became public corporations with obligations to fulfil a huge return on investment, they did this by casting about for better, cheaper labour opportunities overseas or in Mexico. The order of the day was to settle on a free trade agreement between Mexico, America and Canada (NAFTA) was in development during George HW Bush’s presidency, then Bill Clinton signed it into law. Bad news for everyone who depended on the manufacturing industry for work. Our parents, the “greatest generation”, made out like bandits with the high interest savings, and bond markets. They retired to Florida, keeping a home in their home state, as well, spending like there was no tomorrow, while we boomers were left to struggle with the maintaining the “American dream” with little to no money to pay for it all.
On the news of this past week, though, this was the time that Bill Barr had worked his fixing magic for Reagan and Bush Iran contra scandal and a few other foibles in the HW Bush presidency. No one knew just how lethal Barr would become in the 29 years since. I believe that Bush sr recommended Barr to approach Trump, to help him fix the ongoing Russian scandal that plagued him for the first 2.5 years of the Trump catastrophic presidency.
I was attending the University of Oklahoma in 91. My first memory of political rage came from listening to the dudes grilling anita hill on our college radio station while writing a paper on biodiversity. Then being infuriated by the confirmation of Thomas. Ahh memory lane. And i have a terrible memory. Thomas still sucks.
Good writing! I read it all and reacted, as I did then, most strongly to Clarance Thomas. That reaction is still provoked by hearing his name to this day, but adding his wife to the mix of who should not be on the Supreme Court. He has a reputation of not asking questions. Always a bad sign.
As a Boomer, I will tell you we too were suffering financially, the interest rates were set at 10-12% for mortgages, if you were lucky enough to have got into the housing market in the late 1970’s early 1980’s , and just forget about car loans because the stock price for the cheapest small car was $15,000...an impossible price for most workers struggling at $10.00 an hour, even those jobs were scarce, because it was the prelude to manufacturing corporations moving to spend less on salaries and more on profit especially since many of formerly family owned businesses, became public corporations with obligations to fulfil a huge return on investment, they did this by casting about for better, cheaper labour opportunities overseas or in Mexico. The order of the day was to settle on a free trade agreement between Mexico, America and Canada (NAFTA) was in development during George HW Bush’s presidency, then Bill Clinton signed it into law. Bad news for everyone who depended on the manufacturing industry for work. Our parents, the “greatest generation”, made out like bandits with the high interest savings, and bond markets. They retired to Florida, keeping a home in their home state, as well, spending like there was no tomorrow, while we boomers were left to struggle with the maintaining the “American dream” with little to no money to pay for it all.
On the news of this past week, though, this was the time that Bill Barr had worked his fixing magic for Reagan and Bush Iran contra scandal and a few other foibles in the HW Bush presidency. No one knew just how lethal Barr would become in the 29 years since. I believe that Bush sr recommended Barr to approach Trump, to help him fix the ongoing Russian scandal that plagued him for the first 2.5 years of the Trump catastrophic presidency.
I was attending the University of Oklahoma in 91. My first memory of political rage came from listening to the dudes grilling anita hill on our college radio station while writing a paper on biodiversity. Then being infuriated by the confirmation of Thomas. Ahh memory lane. And i have a terrible memory. Thomas still sucks.
Good writing! I read it all and reacted, as I did then, most strongly to Clarance Thomas. That reaction is still provoked by hearing his name to this day, but adding his wife to the mix of who should not be on the Supreme Court. He has a reputation of not asking questions. Always a bad sign.