Friday, October 29, 2010

Manhattan Resold for Beads or Ain't Karma a Bitch

I remember as a kid thinking how silly the Native Americans (called then as Indians) were for selling Manhattan for trinkets. The history was even taught with an undercurrent of pride, who doesn't like getting a good deal?


From CNBC:

Forget a 2011 Dip, Try 2021 Economic Armageddon



The last paragraph really caught my eye:

"The U.S. has already been in a trade war for nearly two decades and it is the only time in this nation's history it surrendered without ever firing a shot," said Jones, who used war metaphors throughout the note. "The United States lost six million jobs, indebted itself to China by $1.4 trillion, and received in return a host of consumer goods, many of which now reside in landfills across the country."


Here is the link to the full article: http://finance.yahoo.com/news/Forget-a-2011-Dip-Try-2021-cnbc-160665589.html?x=0&sec=topStories&pos=1&asset&ccode




Its a shame that the new owners don't treat the minorities and natives of their country any better than we did.






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