Wednesday, February 04, 2009


Of all the things written I have seen on the current economic panic-meltdown, I especially enjoyed George Packer's "The Ponzi State: Florida's foreclosure disaster" in the Feb 9 and 16 New Yorker. If Packer extends his material to a book, I want to read it.

But why does he have to give credence to Tampa Mayor Pam Iorio's plea for a Tampa light-rail? "We'd have our own long-term economic-stimulus package right here, right now, if we had this in place."

Not really. I was involved in one of many attempts to stop this silliness about ten years ago. Talk about low residential densities, some of the proposed routes were through cow pastures. I am not kidding. The Mayor gives economic-stimulus a bad name. Call it Ponzi.