I’ve been wondering…

Do economists EVER predict even a single recession? Over the last couple of years I’ve heard and read quite a bit about how they can’t really do that for fear of actually triggering a recession with their bad news. If that’s the case, how are we supposed to believe them when they have good news? [...]

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Recession = Bank Robbery?

Is recession behind spike in bank robberies? From Deborah Feyerick CNN What do bank robberies in New York City have to do with Life in the Boonies?  I am worried that robberies will increase out here in no-sherrif land.  We’re a prime target, far from the county seat with its regular sherrif patrols and with [...]

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URGENT NEWS FLASH!

We’re in a recession!  Have been for a year! Good thing those smart people in Washington let us know….

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Eradicate the cancer!

I swore to myself I wasn’t going to write about the economy anymore.   I was obsessed with what was happening and starting to drown in a sense of helplessness.   I’m one of those I-need-to-fix-it kind of people, you know? Anyhoo…   I smacked myself upside the head with my biggest cast iron skillet to bring myself [...]

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Will we see more of this?

Thoughts for posterity…   someday I’ll come back and read these journal entries about the financial crisis.  It’s always interesting to look back and see how well we can predict the future. If we really do end up in a depression or major recession, will we see more of this here in America and abroad? Street [...]

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Nice thought… Doubt it will happen!

2. The ultimate resolution assures that prior investors in these financial institutions and their executives bear very large financial penalties. Irresponsible homeowners should as well. Welcome to History by Jim Manzi 09/19/08

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Irony, revisited

I stand by the comment I made about the libertarian principal of no government oversight most likely being the pivot point of this crisis.   Listening to the radio this morning, I wondered for a moment if it was 1929 rather than nearly 2009 as they talked about companies taking on more and more debt so [...]

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It’s always the same, but with bigger numbers

Another readable article about the financial crisis: How Financial Madness Overtook Wall Street By Andy Serwer and Allan Sloan Thursday, Sep. 18, 2008 There are two ways to look at this. There’s Wall Street’s way, which features theories and numbers and equations and gobbledygook and, ultimately, rationalization (as in, “How were we supposed to know [...]

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Rich rob the poor, and everyone pays the bill

Wall Street’s reverse-Robin Hood system Nice blog by Rod Dreher.   Nothing like getting the blood pressure pumping first thing in the morning…  Part of me wants to stick my head in the sand and go on as if nothing is wrong.  Why not?  None of this really affects my family, YET.   Right?   The other part [...]

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Blast from the past: Arthur Andersen

American Business culture rewards those who push to the very edge of ethical and legal limits.  There is also a race to see who can go the farthest and the deepest without actually crossing the line and/or getting caught.  Arthur Andersen was supposed to be the watch-dog, but they, too, got caught up in life [...]

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Thoughts from one of the little people – America: The Land of (More-than) Plenty

Of course, the ‘experts’ don’t much care whether I even have an opinion, let alone what that opinion might be.  That is the beauty of blogging.  I can state my opinions and then pretend that millions of people read them every day.  (Assuming I stay away from the blog stats page…) If you read any [...]

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