Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it. ~~Mark Twain
I’ve been joking with a co-worker this afternoon that, given what happened today with the economic bailout package, and Wall Street’s reaction, we need to get to the grocery store to buy canned goods and ammo. Unfortunately, that may not be too far from reality. Most of the Republicans, and enough Democrats voted against the bail out plan that it failed and the Dow Jones Industrial Average nose-dived over 777 points. That’s the largest one day drop ever.
Read moreToday, while running an errand, I passed a sight which gave me some pause. I’m not sure why I noticed, and I’m not sure why I am drawing the assumptions I’m drawing, but I’ll tell the story anyway. Some years back, to make ends meet, I worked a part time job for a lot of years. For several of those years, I sold shoes at a Florsheim shoe store right in the main corner of the largest mall in Greensboro, NC. To pass the time when we were slow, I would often pick out someone walking by, and just based on what I could see, I’d make up the person’s current life situation. If that person came in the store, and any sort of chat developed, I was often astounded by how accurate my story had been, and so, from that perspective, I tell another story. I have no clue how accurate it is, but it illustrates a point about the recent economic downturn.
We were driving up Dale Mabry Highway, the main north-south road here in Tampa. Walking north (going south would eventually run you into the water of the bay) was two men. One of them was maybe near my age in his late 40s or early 50s. The other person was a bit younger, probably in his late 20s. (I don’t think they were related.) They both had backpacks and were carrying more bags by hand. They had the look of people moving on to somewhere else taking along just what they could carry. I didn’t get the idea from their appearance they had been homeless.
Read moreReuters has a report from The Center on Budget and Policy Priorities and Economic Policy Institute showing that, “Since the late 1990’s average incomes have declined 2.5 percent for families on the bottom fifth of the country’s economic ladder, while incomes have increased 9.1 percent for families on the top fifth.” That got brought home to me tonight when I went to grab a bite to eat, and saw a couple have to forego eating so the kids could. More on that later in this story. One of the Deep Thoughts on this site is a quote from Charles Darwin, who said, “If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin.” It doesn’t take much to help people, but the current crooks and liars running this government are hell bent and determined to not only forego providing that help, but in enriching their wealthy friends at the expense of those who can least afford it. One of the Deep Thoughts on this site is a quote from Charles Darwin, who said, “If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin.” It doesn’t take much to help people, but the current crooks and liars running this government are hell bent and determined to not only forego providing that help, but in enriching their wealthy friends at the expense of those who can least afford it.
Read moreReuters has a report from The Center on Budget and Policy Priorities and Economic Policy Institute showing that, “Since the late 1990’s average incomes have declined 2.5 percent for families on the bottom fifth of the country’s economic ladder, while incomes have increased 9.1 percent for families on the top fifth.” That got brought home to me tonight when I went to grab a bite to eat, and saw a couple have to forego eating so the kids could. More on that later in this story. One of the Deep Thoughts on this site is a quote from Charles Darwin, who said, “If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin.” It doesn’t take much to help people, but the current crooks and liars running this government are hell bent and determined to not only forego providing that help, but in enriching their wealthy friends at the expense of those who can least afford it. One of the Deep Thoughts on this site is a quote from Charles Darwin, who said, “If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin.” It doesn’t take much to help people, but the current crooks and liars running this government are hell bent and determined to not only forego providing that help, but in enriching their wealthy friends at the expense of those who can least afford it.
Read more