I put this movie in my memory bank over the last year when some economic analyst on NPR gave it a big thumbs up. Last night I saw that it was available on Netflix and Claudia and I watched it. It was Economics made fun and every bit as disgusting as a Zombie Apocalypse movie.
The Housing meltdown roughly coincided with the start up of the Red Plan and its purveyors shared many similarities to the get off scott-free, big money folks who pushed replacing almost all our facilities at a single stroke. They got rich and left the District to draw down its reserves, cut teachers, and compound it all by sucking millions of dollars annually out of our local tax levies in the General Fund to pay off Red Plan borrowing. Their supporters herd-like thinking reminded me of the people in the Big Short who stood back in disbelief as investment bankers cost six million Americans to lose their homes.
I’ve mentioned this before but that meltdown was part of the reason I had a heckuva time fighting the Red Plan. My family got caught up in the housing mania and a massive loan was taken out on my Mother’s house even though it was only a decade away from being paid off in full with very modest house payments. I’ve recently patched up my differences with the family members who lost that house and left me to spend months and months trying to get City Bank and Wells Fargo to let us short sell the house at a loss (for the banks) who eagerly permitted the misguided loan to go through. Our “short sale” took my brother and me months of calling the banks daily to find a human behind a phone. It was all I could do to find time for two simultaneous battles. When the sale neared completion and I finally pulled out of the Red Plan fight I took a vacation with Claudia. I faxed the last papers to the bank while traveling through, Lincoln, Nebraska, on our way to the Colorado Plateau. I was desperate to get out of town. I was so worn out that I got violently ill at the Grand Canyon. One morning Claudia heard an elk bugling outside our cabin and she thought it was me in my deaths throes. That’s what you get for burning your candle at two ends.
This post needs a good editing but that can wait. Claudia and I are going out to see Hidden Figures. That should be a good film too.
Editing is now complete…….
Hidden Figures is great.