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   XPost: sac.politics   
      
   ca 2002 Frank Macchiarola made me read Sayre & Kaufman Governing New York,   
   written two years before I was born. In it I noticed a generational cycle   
   where Wall Street crashes, the adventurous move out, the unions demand their   
   givebacks back, and the elites decide police and infrastructure are   
   irrelevant compared to social spending, then the property collapses so the   
   property firms roll up properties real cheap and begin rebulding with   
   depressed labor, the low prices bring in a new flock of adventurous, who   
   elect moderate politicians, leading to a boom, just in time for the rebuild   
   to be sold at astronomically high prices. After living through this cycle a   
   THIRD time, I begin to believe the property firms at least encourage if not   
   deliberately design the wide cyclical swings (and their political currents)   
   to their advantage.  Now, go to Schiller's property cycle charts at Yale and   
   see that property collapsed by a third during the last pandemic only to   
   revive in 1923 (2025?).   
      
      
   --   
   	 Vasos Panagiotopoulos  panix.com/~vjp2/vasos.htm   
     ---{Nothing herein constitutes advice.  Everything fully disclaimed.}---   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)