Well gentle readers, all three of you, it’s time for me to take a break from blogging. After 400,000 words (that’s about six books worth of words,) I’m tired. I still have much to say, but I think it’s time for that to take shape in meatspace, the real world. Am I done blogging? The honest answer is, I don’t know.
What I do know is that from a priority perspective, writing blog entries is the lowest one and I’m out of time. So……lowest priority on the list gets whacked. Since the next two weekends I’m engaged, and during the week for the next two weeks I’m more than engaged, it’s pretty low probability that any new content will make its way here.
Consider March a no blog zone. After that, we’ll see where we are.
You may remember the cartoonist who dared to create an image of allah – and thus was sentenced to death by the world’s muslims…..the pen does seem to be mightier than the sword.
Does anyone find it ironic that the thing that got the economy into this mess was irresponsible borrowing (and lending) en mass at a personal level and that the solution is large-scale borrowing (en masse through the government) to get out? I’m pretty uneasy about all of this, it’s like Monopoly money – there is no connection to reality. A $1,750,000,000,000 ($1.75 trillion dollar) deficit, really?
I wonder if a better, more sustainable solution is to work through the balance sheet of every bank with more than $1B of “assets” to determine what the real asset value is and balance that against the liability and then simply to do some sort of mass “reset” to get assets linked to something tangible and physical.
At core, this crisis is about trust or lack thereof. If entity A asks for a loan from entity B, how can entity B know that entity A’s assets and credit worthiness isn’t based on air? I fail to see how the present plans proposed by the Obama Administration or the objections raised by the loyal(?) opposition Republicans address this issue.
I’m very, very concerned.
What’s the difference, really? Oh, I know, they’re OUR soldiers representing the RIGHT god…that makes it all better.
Finally, truth in advertising! It’s certainly intended to be something else, but in the end, the story is told for all to see…..