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Last Friday night I asked if the US has a debt Chandrasekhar Limit, meaning is there a point at which the US will incur so much debt that it will go supernova and explode.
Another bleeder of a day. All seemed "contained" until exactly 3pm when all hell broke loose. I am still trying to get the license plate of that truck that blasted through at 2:59pm! Any guesses out there as to the catalyst or was this just more of the...
You know I have tons of stuff to do but I cannot draw myself away from all the unfolding drama. I feel that adding coverage to this moment is good use of my time and I hope all the loyal readers feel like this site adds value to your information basket.
The basic plan of the FED and treasury has been fairly well fleshed out through analysis, statements by officials, and old fashioned guessing. The basic plan the geniuses came up with was:
The housing bill is as bad a deal as can be. Fannie and Freddie are essentially backed no matter what, and the taxpayer can expect this to come back on them sooner rather than later.
Plenty of news out there. I thought the year end was supposed to be quiet? First real snow storm here today and it was so much fun shoveling and clearing the roof ledges.
People Ask Me Why I am Dizzy, and I tell Them It's Because I Cannot Stop...
Sorry all, but another late day will keep a real post from appearing. I do have a few ideas to roll out though.
Something is Broken
I have been trying to wrap my mind around what I have been feeling over the past week regarding where things stand in...
I got home late and had some errands to do, so nothing form me this evening except a public service announcement.
Important Public Service Announcement
Keep this in mind during swine flu season (slight harsh language alert!!):
see more Lol...
It is cold here today and raining thick heavy drops that are going to change to snow. Of course this means I am in a great mood as long time readers know my longstanding hatred of the wintertime. We did get our Christmas tree today and that at least is...
I have dinner plans tonight so there will not be the usual Friday Night festivities. If the comments are sufficiently morose about this, I may make it up with a Saturday Night Fever of Fun post tomorrow!
Punched in the Nose
I am pressed for time but I...