Jam Econo – Minutemen

This is cool song that I used to listen to around 1987 from this cool indie band the Minutemen. With Lyrics.

Song Tour Spiel:
Link to song:
http://www.youtube.com/watch?v=4dCMwwNAhNE 

Lyrics:

Born in the shed with the guitar on, we gammed the “schtik” to do for gigs.With the bits and pieces of the working thesis we jammed the “schtik” to do for gigs. We took me and D.Boon’s and Georges stench and put them up on stage. We’d fight at practice then go jam econo and spout the tourspeil. I dreamed I was E.Bloom but I woke up Joe Bouchard in some town out on the road.  With patent leather boots on (just like Richard told me),another hack on the “Spectors”  tour. Now you got your guitar and your practice amp you , you travel USA in a van and Troccoli’s counting on some situation but how are you going to write the song I demand? And with the guitar turned of and the gas tank empty and the type writer on but my head is empty and to really find me ,Ive got to look inside me and cut the tourspeil

NASDAQ City San Francisco

NASDAQ city San Francisco. The stocks of the overvalued tech stock market such as Google, Apple, Twitter, Facebook have driven property values through the roof in San Francisco.

In a free market sense these companies are mis allocated capital.  In the sense of saving the US system and keeping it functioning they are short term essential to helping in the survival of normalcy in America.

The US sustains it’s economy by creating monetary bubbles. The last three bubbles that were blown are the first dot-com boom, followed by the housing boom, followed by this 2.0 tech boom in the Bay Area of California.

This monetary bubble can not be created with stocks that for most part have known earning metrics like Johnson and Johnson say set to grow at 7 percent a year , instead to create the bubble the system needs stocks that have no metrics or metrics that are difficult to gauge so a very large monetary bubble can be created. This money is distributed to society at large by the tech people in the form of going to restaurants and buying houses . In the Bay Area region though this creates imbalances such that the workers needed to sustain the infrastructure for the city  and provide services to  these wealthy recipients of the tech bubble are being priced out of the region.