The Global Economy:

Was it really just twenty years ago that American workers were ready to march in the streets because the economy was turning global?

Look at where things have come since then. Vovlo, the super safe care from Sweden, was bought by Ford who is now selling it to China. (See The New York Times story.)

The first Volvo I drove was owned by my good friend Bob, who bought it new in 1970 and put 450,000 miles on the thing. He ended up selling it to a Volvo dealer for about five hundred more than he paid for it. Now, apparently, you can't give them away, at least not in the U. S.

A Story I Don't Even Want to Read:

The New York Times is reporting that Bernnie Madoff's Ponzi scheme cost his investers $21.2 billion. (That's with a "B," folks!) As far as I know, I'm not one of the suckers this crook robbed, but what gets me is that there was that much money floating around, being gambled for the sole purpose of growing larger, when there are so many things that need to be fixed. Madoff's greed and arrogance was matched only by the sum of those who rode along with him.