Okay, it's been awhile since I wrote anything here...
Took a bit of a break from absorbing all the detritus of modern life.....
The Markets Tumble!
Bear Stearns Crumbles!
The Fed Fumbles!
Or maybe it does the right thing, but it is so hard to tell right now. We will know more after 2 or 3 quarters, so be sure to hold your breath.
And actually, after the Fed moves to help Bear Stearns and their 3/4 of 1 % interest rate drop, the markets are behaving a little better.
But the markets have been see-sawing for months now, and it won't stop here.
There is a lot more of both good news and bad news to come in the credit / finance sectors problems to be sorted out over the next 6 months. The markets will respond to future news releases over that time as they have been lately, like manic-depressives.
Hillary and Obama slug it out to see who can be the Democratic Victor and, probably, the Presidential General Election Loser.
Not that I want such a scenario, but I still think McCain will gather support from those concerned about security, those who want a divided government, and those who just can't yet pull the lever for a woman or a black person.
And who do I think would make the best President?
How about Michael Bloomberg, Mayor of New York?
With his running mate, Vice President Arnold Schwartzenegger?
I don't know...who would be best for what, exactly?
Best for the Economy?
Best for National Security?
Best for Education?
Best for the Environment?
Best for our Infrastructure?
Best for Health Care?
Best for Medicare reform?
Best for Social Security reform?
Best for U.S. Competetiveness in the World Trade?
Best for Immigration?
Best for Food Safety?
Who knows, really?
I'm a little discouraged by the media and popular concentration on a lot of little things in the campaign, and not much concern for the largest issues facing us.
But that really happens in almost every campaign, so this one is not unique.
And so it goes...