Mineral Musings

A repository for my random ramblings, stunning stories and junk-food for thought.

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Location: Mineral Springs, Arkansas, United States

Monday, March 23, 2009

Just in Case...

Just in case you have faith in government bail-outs and think they can stop the recession, take a look at this:
This is a Google Earth Image of the airport at Hope, Arkansas where, at one time, there were stored over 11,000 brand new camp trailers purchased by the government using your tax money. They were the knee-jerk remedy to the homeless victims of Hurricane Katrina over 30 months ago.
Now the brand new "Katrina Cottages" are rapidly rotting away, many declared unsafe because They contain toxic levels of formaldehyde which would have dissipated harmlessly had the dwellings been occupied. The government can't sell them directly to the public because congress, lobbied by "the industry" (would this be the former employers of the laid off workers in Elkhart, Indiana?) passed a law forbidding such a move. It would flood the market and put people out of work, don'tcha know! Few of the rolling ghettos were ever deployed mostly due to the inflexibility of state, municipal and other government entities.
We drove by there the other day and I can attest to the fact that there are more trailers there now than in this shot taken sometime in 2008. They are parked close enough to highway 4, above, you could spit on them.
Now the government is laboriously unloading them in lots of five to RV dealers and getting an average of $7,367.00 each for trailers you, yes YOU paid $18,620 for. Over $900 million was paid to buy 26,300 mobile and modular homes. If they continue to recover 40ยข on the dollar for each one, that's more than 3 times the cost of the AIG bonuses that has had everybody's knickers in a knot for the last two weeks!
www.washingtonpost.com/wp-dyn/content/article/2007/03/07/...
Read the article and think... just think.
then visit the912project.com/ and join in the revolution.