As I write this, it is starting to seem like most of the things that have been making so much of our economy here in the US, especially as it pertains to banking and Wall Street, figured out over in Europe. I will agree it seems like we have been close a couple of times before and there is certainly not an absolute, but we have gotten new technocratic governments in both Italy and Greece the seem largely on board with the changes that need to be made and we have an EU that seems largely on board with the support that it needs to offer to keep anything of a major collapse from occurring anytime in the real near future. With the strong earnings, combined with a very modest growth in the economy and very slight dip in the unemployment rates, some forecasters are starting to shoot for a positive 2011 after all. Not so fast I say…
I have not done one of my short lists of observations in a while and I was thinking about it yesterday – what could I do as a theme for something around the middle of April. And then it occurred to me that it is that most dreaded day of tax deadlines. It is also, [...]
700 billion for bailouts and where are after all of it? Consider how much that would have been for each person in the US if we had just made direct payments.
I am more than put off by the recent actions of our federal government to selective decide to save some companies and let others fail. I personally say let them all fail – as no one steps in to keep me from my screw ups.
