I am on a short vacation with my wife. We are staying in my daughter boyfriend's family summer house in Casadero, 9 miles west from Guerneville, CA. It is a very nice house in the middle of a majestic redwood forest, separated by a long forest driveway from the road. In the house, I find five white document boxes that hold an archive of old LA Times newspapers. I open the first box and pick up at random the business section for LA Times dated May 21, 1992. In it, my eyes lock immediately on a report bemoaning President Bush's handling of the Savings and Loans debacle, and how the government loan pools favor big S&Ls relative to ordinary people. Then I see an article stating that people will never again look the same at investing into houses. (In May 1992, we were in the second year of a major housing slump.) Does this sound familiar, or what? Why have we forgotten? I take it back: Why have most people forgotten? I have no...
In this blog, I continue to write about the environment, ecology, energy, complexity, and humans. Of particular interest to me are human self-delusions and mad stampedes to nowhere.