• Featured
  • Australasia
  • The Americas
  • Europe
  • Africa
  • Market
  • Precious Metals
  • Resources
  • Currencies
  • Real Estate
  • The Bonner Diaries

Looking Out the Car Window


By Bill Bonner • February 26th, 2008 • Related Articles • Filed Under

About the Author

Bill BonnerBest-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.

See All Articles by This Author

  • None Found
Filed Under: The Bonner Diaries
Tags: chinese • elizabeth • france

"It's so pretty here...I guess that's why people come..."

Elizabeth was looking out the car window as we drove through rural Poitou, a region Southwest of Paris on the road, more or less, to Bordeaux.

"You know, people talk about something being 'only a matter of aesthetics,' as if it really doesn't matter what things look like. But it matters a lot, because it is part of our culture...of what we want...and what we care about. "

We had just reported on our visit to Chinatown in Paris. The gaudy Chinese New Year's parade, with its dragons and fireworks, must have delighted the Chinese. To us, it was a mystery...a blank...a curiosity. We lacked a point of reference; it was simply strange and exotic. We didn't know what to make of it at all.

Chinese music, too, means nothing to us. But this was different.

Driving along in rural France things look like they 'ought' to look. There are neat houses of stone, with shutters and woodpiles. There are open fields and hedgerows. You see stately oaks...fat cows...and well-tended gardens. There are no strip malls, almost no shopping plazas, few stop lights, and little traffic. It looks the way we think it should look, in other words...the way we want it to look.

"Remember our friend Isabelle, in Paris," Elizabeth went on. "She took a trip across the U.S. She said she was shocked to see such poor people - you know, she drove through some bad sections of town...and down through rural Mississippi. I explained to her that America is extremely varied. And that a lot of people who look very, very poor in America nevertheless will have a car, a TV and even air-conditioning.

"But she was appalled, and I can see why. In France, even poor people live in a way that seems...as the French say, "correct." Their houses are well maintained. They sit down for real meals. Out here in the country, they stack their wood up nicely and have these impeccably well kept vegetable gardens. They may not have any money at all, but they still live in a way that seems okay to us...we can imagine ourselves living that way. There's nothing shocking about it.

"But America is so big...and so many people in America have such different ideas about how you should live. Their aesthetic vision is so completely different...say from a prim New England town to a New Orleans slum...that there is no one 'correct' way to live. I can perfectly well imagine living in the New England town...it's part of my culture...it's part of my family history...and it's part of the way I think things ought to be. But I couldn't live happily in a New Orleans slum...or in West Virginia with junk cars in the yard and broken out windowpanes. And when you see people living like that...if you're not used to it, I guess it is a shock. But it's not a matter of money...or certainly not just a matter of money. It's more a matter of aesthetics...which is why they really are important."

Bill Bonner
The Daily Reckoning Australia

VN:F [1.9.11_1134]
please wait...
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.11_1134]
Rating: 0 (from 0 votes)




P.S. to get The Daily Reckoning direct to your inbox sign up to our free e-mail newsletter or if you prefer to use RSS, subscribe to the Daily Reckoning RSS feed.

Related Articles:

  • None Found

About the Author

Bill BonnerBest-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.

See All Posts by This Author

There Are 2 Responses So Far. »

  1. Comment by Astraea Shaw on 26 February 2008:

    I love your daily messages and musings Bill - and Elizabeth.

    I Have not had any emails lately because my ISP has changed.

    Would someone please fix this?

    Thanks.

    VA:F [1.9.11_1134]
    please wait...
    Rating: 0.0/5 (0 votes cast)
    VA:F [1.9.11_1134]
    Rating: 0 (from 0 votes)
  2. Comment by mike on 27 February 2008:

    ...when landscapes shall be well articulated by venerable elms....i shall be ashes or dust...haven't decided yet which...

    VA:F [1.9.11_1134]
    please wait...
    Rating: 0.0/5 (0 votes cast)
    VA:F [1.9.11_1134]
    Rating: 0 (from 0 votes)

Post a Response

Comment moderation policy: Port Phillip Publishing supports free speech and frank and open conversation. But we reserve the right to modify or delete your comments if we consider them to be offensive or in violation of any laws, including Australia's anti-discrimination laws

By submitting your comment you agree to adhere to our comment policy.


  • Why Should I Sign Up?   We Value Your Privacy
  • Master trader predicts next move for ASX...

    Latest Slipstream Trader Video Market Update Just In... watch for free below.


    One viewer said these prediction videos were “scarily accurate”... another said Murray Dawes was “well on the money”... To find out where the Slipstream Trader thinks the market is headed next, and what that could mean for your investments, click below now to watch his latest video update...

    8th February 2012 - Market Update

    It’s one thing to have a view on where the market is headed next... It’s another to have specific stock trading recommendations emailed to your inbox.

    To take a 90-day, no obligation trial of Slipstream Trader, click here
  • Search

    The Markets

    All Ordinaries4318.900  chart-40.500
    S&p/asx 2004242.800  chart-42.300
    China Shanghai Co2344.771  chart-7.084
    Gold Sep 110.00  chart0.00
    Clj11.nym0.00  chartN/A
    Nikkei 2259052.07  chart+52.891
    Indu0.00  chartN/A
    S&P 5001351.77  chart+9.13
    Ftse 1005901.04  chart-4.66
    2012-02-14 00:39

    Most Comments

    • Australian House Prices Are Severely and Seriously Unaffordable (312)
    • Majority of Australians Believe House Prices Will Rise in Next Twelve Months (293)
    • Gas is the New Oil (256)
    • A Date for an Aussie House Price Collapse (251)
    • How to Profit From the Path of Progress (230)

    Archives

  • Headline Archive

  • Slipstream Trader

    Thousands now trade the markets who never thought they could...

    Breakthrough in trading techniques helps regular investors:

    • Determine how much to risk in a trade
    • Lock in profits while the position is still open...
    • Exit a losing position before a share tanks...

    If you thought trading was too complicated, prepare to be surprised... click here
  • Australian Wealth Gameplan

    "A rapid contagion is spreading.
    Even if you think you are relatively safe, this is a new, permanent risk. It will be with us for the next decade, or even two”.

    - Edward Morse, Veteran oil trader

    Right now a ‘paradigm shift’ is taking place that could present you with the single biggest investment opportunity of your lifetime.

    It also represents risks to your portfolio that could surpass those of the Global Financial Crisis fallout.

    Get full details in this just-completed presentation. (turn on your speakers)
  • Diggers & Drillers

    “Why a mining executive told me to F*** Off
    in front of a whole room of investors”
    Dr. Alex Cowie doesn’t have the most popular of jobs. At least – not inside the mining industry. For his readers, it’s another matter entirely.

    As Laurence says: “I have never bought a stock and got a 100% return before … thanks for providing the information for me to have that experience – and all within two months too!”

    Right now Alex has unearthed six “must buy” resource stocks for the year ahead. His method for finding them might annoy a few people in the industry… but it could help make a lot of money in 2012 too.

    Find out why, right here

  • Home
  • Newsletters
  • About
  • Subscribe
  • Columnists
  • Contact Us
  • RSS

All content is © 2005 - 2011 Port Phillip Publishing Pty Ltd All Rights Reserved

We encourage you to republish our material, all we ask is that you provide a working text link back to the original article on this site.
Port Phillip Publishing Pty Ltd holds an Australian Financial Services License: 323 988. ACN: 117 765 009 ABN: 33 117 765 009
email: dr@dailyreckoning.com.au Tel: 1300 667 481 Fax: (03) 9558 2219
Port Phillip Publishing Attn: The Daily Reckoning PO Box 899 Braeside VIC 3195

Terms and Conditions | Privacy Policy | Financial Services Guide

SEO Powered by Platinum SEO from Techblissonline