With the stroke of a pen

THE ROOT OF OUR FINANCIAL EVILS

glass-steagall

The Universe and Supposition

Denial Marketing First of all. I do not have a problem with people making money peddling coffee to small businesses. It’s probably just as good or bad as that standard industrial crap that most offices buy on contract. I have a problem with gimmickry and people’s denial where the state of our economy is concerned. Were in a recession, folks. it’s too late in the game to pretend we aren’t and it’s going to take years to come out of it.People are going to lose jobs and people are going to get voted out of office in the wake of this. That goes from POTUS to the Wall Street Credit Default Swappers (Stock Brokers) to the Fed all the way down to whatever’s passing for your local city council. To anyone who is able to make this kind of money what are you doing with it? That places you well near the top of middle income numbers so how much have you saved? Are your house and car paid off? Are you contributing to charity? How’s your tax situation? Have you set aside an emergency cash fund? How are your food stores looking? What’s the state of your vehicle maintenance? Do you see where I’m going with this? If your situation is such that you aren’t being directly affected (not having to choose between necessities) by the current economy then you should be well set for food shortages, major gasoline price hikes, ATM network failures, riots etc. If you want to call these people, call them. Make as much as you can while you can. Just understand that anyone who’s painting smiley’s on what’s happening is lying to you.

The "L" Word AKA The Worst Day At Work Since 9/11

It finally happened.

The company I’ve worked for over 15 years laid off 57 people yesterday. Some are friends. Some I know only as coworkers. Others I don’t know at all. A little over two years ago when they put the company on the sale block a lot of people jumped ship. Then came the first round of buyouts. 73 people took the company up on the deal. Their official last day felt like a surreal mass funeral…kind of a combination of “goodbye” and “see ya around” combined with a small dose of the grief that accompanies any tragic loss. Since no one actually died we didn’t go see a grief counselor. Those of us who were left just dealt with our feelings in one way or another and moved on. Then they took the company off the block and there have been three or four similar mass exoduses, each one with a little of the same taste.

So at 3:00 I walk into my department to start my shift and a coworker gave me the news. After meetings and running around chasing information and then actually working I finally got to go home and I got here a little over an hour ago, about 3:40am. This doesn’t feel the same. This feels worse than that first bunch leaving…not a mass funeral. It feels more like when a friend of mine died in a car wreck 10 or so years back…shock, disbelief and wondering what’s to happen with the rest of us.

So I poured a shot this morning. I opened up the bottle of absinthe that I have on a shelf next to my desk. Of the few bottles of liquor I’ve purchased over the years it’s the most expensive. And so I offer a quiet toast to the folks who are going to be out on the job hunt. I’m sorry it happened. I wish you well. And depending on how the whiffle-ball motion of this incredibly wobbly, unanchored roulette wheel goes, I may be right beside you in a few months.

Debt Ceiling Litmus Test

If you can answer this correctly, you can answer the question on what action to take on raising the Federal debt ceiling.

You come home from work and find there has been a sewer backup and you have sewage up to your ceilings.

What do you do……raise the ceilings, or pump out the sewage?