Saturday, July 04, 2009
The saddest thing ...
In this case, it was the death of a four year-old, from some unexplained cause. The parents have been in the midst of a very unpleasant divorce. The parents had separated and the children were with mom. Ostensibly, the child went to bed one evening, and never awakened. I don't know the story, but there was certainly some tension at the funeral. Mom was not present, and the story was that there is a cloud of suspicion over the child's death, which authorities are pursuing. No one knows anything for sure.
The celebrant spoke in his brief homily about a phrase from the liturgy--"the sure and certain hope of the resurrection." This addresses the situation most fittingly. In the first place, our faith is that the kingdom of heaven welcomes its newest soul with open arms and in God's love and comfort. Our prayers have value in carrying the young spirit to the bosom of the Maker. Secondly, we are reminded that our world is not paradise. We, God's people, do horrible things. These things are not just the outpourings of aberrant, sick individuals but belong to us as the human family. All are called to repentance and sorrow, even though specific moral guilt may not fall on all. By the same token, all are called to hope--repentance is pointless without a hope of forgiveness and renewal of life, "a sure and certain hope of the resurrection." This is what enables us to abide the sadness.
Thursday, March 12, 2009
Janus? Is that you?
Goodness--words mean nothing with him. To adapt an O'Reilly-ism: is he the bloviator-in-chief?
He's got to be kidding.
After spending two months telling us how dire things are, now he wants us to believe it's just hunky-dory, just like that? This demonstrates one of two things, or both: (a) he thinks the public are fools; (b) he has no clue what he's talking about. Take your pick.
By the way, the stock market, after moving further south in response to a series of words from the President and the Treasury Dude, has moved north for three days. Why? Bernanke spoke. It's apparently no harder than that.
One more thing: Mr. Geithner DOES look like the palest guy at the dude ranch--the one who needs a seat belt for his saddle.
Monday, March 09, 2009
So, where's the money going?
- Put the money where it's safe--minimize risk;
- Put the money where the government has little or no access to it--taxes WILL rise.
So, it's no wonder the markets continue to slalom. Folks are stuffing their mattresses.
Of course, the nasty side of that will come when inflation hits. Then, the mattress-stuffers will be caught between the proverbial rock and the hard place unless they've stumbled into assets that appreciate pretty dynamically. But now, and as long as the current president and congress have sway, apparently no risk is a good risk.
Friday, March 06, 2009
My, what thin skins!
See here: Gibbs takes gloves off to challenge reporters, hosts who cross Obama.
And of course, the ever-even-handed Mrs. Pelosi just loves freedom of political speech, as well: Speaker Pelosi Backs Senate Amendment to Regulate Talk Radio.
Saturday, February 21, 2009
Miscellaneous
**Stupid question of the week: Will the Illinois senatorial/office-peddling scandals ever end?
Wednesday, February 18, 2009
Most humbly, a prediction
Obama’s Stimulus Will Cause 'Lower Wages' for American Workers, Says Congressional Budget Office
Only 23 Percent of Stimulus Will be Spent This Fiscal Year, Congressional Budget Office Finds
Now, to me this bailout doesn't sound like very sound policy for relief that will be noticeable any time soon. It seems that the more effective help will more likely come from (a) last year's bailout distribution for financial institutions and (b) separate bills now being targeted at financers and troubled home owners. So, what, aside from the tax cuts, is the stimulus package for?
My guess: the ambiguity and corruption in that bill signed Tuesday during Mr. Obama's junket to Denver will cause much of the funding to be tied up in litigation and subject to criminal probes for a decade. (Hopefully) some of the folks who stand to gain the most and who voted for it will lose their offices as a result.
Here's a link to the Congressional Budget Office report: CBO analysis.
Monday, February 16, 2009
See?
"Mr. Obama's analogies to the Great Depression are not only historically inaccurate, they're also dangerous. Repeated warnings from the White House about a coming economic apocalypse aren't likely to raise consumer and investor expectations for the future. In fact, they have contributed to the continuing decline in consumer confidence that is restraining a spending pickup. Beyond that, fearmongering can trigger a political stampede to embrace a "recovery" package that delivers a lot less than it promises. A more cool-headed assessment of the economy's woes might produce better policies."