Many of my friends and acquaintances have asked me lately how I was so sure as long as a year ago, and especially two months ago, that there would be a financial meltdown. To be fair, they’ve only asked me because I’ve been bragging about my prowess on this and other topics including why the I-35W Bridge collapsed and what the RNC would bring our town. Yes, I shoved my success in their face, so a few responded. I would like to have a steady gig in this field, so please excuse my arrogance. Besides, I know I wasn’t 100% right (at least so far).
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Category Archives: Nooze
Journalism and other myths.
The Implosion Begins
Sunday night has become a big time for dealmaking on Wall Street. You can tell how bad everything is when the paper is signed only when the market is closed. As I write this, two monster deals are happening:
Lehman Brothers (LEH) is preparing to file for bankruptcy, and
Bank of America (BAC) is preparing to buy Merrill Lynch (MER).
HISSy
It threatens to destroy our very culture, ripping us apart and disemboweling what our nation stands for. In the end, a HISSy defenestrates civic life and leaves our vital public realm nothing more than a head on a pike.
Convention Tidbits
Please forgive me for posting so often, but this is the season for a lot of politics. Some of it may even be important. Today a number of small things have happened that add up to a lot of nooze. What will matter? Here’s my take.
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Five Crises
During this brief break between conventions, we should all take some time to reflect on what all the noise is about. The stakes this year are unusually high because the USofA is not only much weaker than it has been in a long time, but there are signs that we are at a major inflection point in our history. The reason for both of those is the same: there are Five Crises that are paralyzing our nation that will define the next administration and possibly the next generation. They are all related, and they are all perilous.
Barataria - The work of Erik Hare 