For all the hoo-hah and excitement of political campaigns, there is one issue that isn’t being talked about. That’s hardly a surprise, since it’s been a big issue my whole life and no one has really wanted to talk about it. But that doesn’t change the simple reality that a lot of the problems in the USofA today are directly related to the simple fact that we don’t make stuff anymore.
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Yearly Archives: 2008
Bill’s World
It’s Bill’s world that we live in. It’s all about Bill.
That may be a harsh thing to say about our former President, Bill Clinton, but I can’t help but think that it’s how he sees it. When he has a score to settle, everyone else had better damned well look out.
Panic!
As I have said before, it was only a matter of who showed signs of panic first – investors or the Fed. It happened almost simultaneously when it finally went down, but the call was for investors to make.
A number of things happened yesterday, but the big news was the emergency 3/4 point cut in interest rates by the Fed. Why did they finally move, and move so boldly? Because stock markets had been down around the world for two straight days, ours having been closed for MLK Day. Our markets showed signs that they would tumble in response, hence the cut.
Airballs and Airbending
We’ve all survived to see another Tuesday, meaning it’s time to answer my mail. I haven’t gotten as much this week as I’d like, but there were two that I simply have to answer.
The first is the most pointed:
So the polls in Michigan were wrong, just like they were in South Carolina. Your hero Zogby didn’t get anything right either, so what do you think is up?
Cold
The cold this week is brutal. The temperature has been around 0F (-20C) for several days, and we have a few more to go.
In the grand scheme of things, it’s just an hiccup in the Jet Stream that points a small piece of it straight down from the North Pole, a 100 mile per hour artic express aimed right at Minnesota. It’s nothing unusual, and it happens frequently at this time of year.
Barataria - The work of Erik Hare 