The Economy Deconstructed:
Yesterday Paul Krugman explained that the collapse of the economy is a result of a crisis of faith, indicating just how much a house of cards we are all living under. The roof, it seems, is sagging in a soggy mass of pasteboard. The culprit now is "the market for auction-rate securities," a scam we had no idea we were all a part of.
"Meanwhile," according to The New York Times, "a closely watched measure of consumer confidence, the Reuters/University of Michigan survey, fell to 69 in February, the lowest reading since February 1992. It had stood at 78.4 in January." Is that a failing grade or just a "D"?
Back on February 15 of 2004, Time magazine reported George W. Bush as saying to Senator Joe Biden, "Joe, I don't do nuance." Perhaps that explains the great man's inability to communicate at all in the English language.
Happy Anniversary Jim on Most Anything!!! You've made it through five years of babble, and so far the world has only partially collapsed under the strain. Granted, you hadn't much to say during those first two years, but then you discovered the pleasure of commenting on the utter stupidity of everyone else, and linking to them.
Here you are, living proof that anyone can say anything he or she can think of on the Web, and why not, since no one is listening anyway.
Just where are we on that tower?
Yesterday Paul Krugman explained that the collapse of the economy is a result of a crisis of faith, indicating just how much a house of cards we are all living under. The roof, it seems, is sagging in a soggy mass of pasteboard. The culprit now is "the market for auction-rate securities," a scam we had no idea we were all a part of.
"Meanwhile," according to The New York Times, "a closely watched measure of consumer confidence, the Reuters/University of Michigan survey, fell to 69 in February, the lowest reading since February 1992. It had stood at 78.4 in January." Is that a failing grade or just a "D"?
Back on February 15 of 2004, Time magazine reported George W. Bush as saying to Senator Joe Biden, "Joe, I don't do nuance." Perhaps that explains the great man's inability to communicate at all in the English language.
Happy Anniversary Jim on Most Anything!!! You've made it through five years of babble, and so far the world has only partially collapsed under the strain. Granted, you hadn't much to say during those first two years, but then you discovered the pleasure of commenting on the utter stupidity of everyone else, and linking to them.
Here you are, living proof that anyone can say anything he or she can think of on the Web, and why not, since no one is listening anyway.
Just where are we on that tower?
Labels: Anniversary, The Economy
posted by Jim | 10:29 AM
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