Civilization Decays "by forgetting obvious things"

The scoop:

  Got this link in my mailbox, and it is an interesting read of about 8 minutes.

Basic premises:

  Americans have lost the plot. What is being criticized is called capitalism, but it is not capitalism, but rather, state capitalism. As state capitalism is not truly free enterprise, it cannot be said to be capitalism.



  New money chases fleeting stock market wealth, but old money invests in "real assets"-- like real estate.  Well, hot damn!

Comment:

  Yep, I'm land rich, but money poor. You cannot do that much with land with your own two hands alone. You just may need OPM (other people's money). But there's no substitute for brains and good judgement. Don't know what that says about ME, but it may not be all that impressive. But, I don't give up easily.