Thursday, November 13, 2008

401(K)

Little by little the light seems to be dying.

In every corner of our world things once thought so secure are turning out to be merely props in a play. The plywood facades as we look at them now don’t fool us anymore. The sets of the last two decades back braced by two by fours gaily painted and covered with aluminum to look like silver fall over when you rest your weight against them. Our economic world has been nothing but a shell game that we the marks let go too far.

As I learned early on, for every really hellatiously good night there is a reckoning. Methinks this is soon to be our reckoning.

5 comments:

ONEWORLD said...

"We let it go too far"? I did not deregulate the loan industry. It was stupid, as was moving away from the gold standard. We are but pawns...

For the politician's gain
As he rises to fame
And the poor white remains
On the caboose of the train
But it ain't him to blame
He's only a pawn in their game....Dylan

John and Vicki Boyd said...

Who approved all those loans given to all those folks who couldn't afford them to buy houses that we now own but can't sell because there is no market for them.

Sad when the only good news is when gas goes down to (almost) $2.00.

Sue Schimmel Ward said...

Down here in NC, we paid $1.98 for gas today. How long will it last?

Richard said...

Try to look at the bright side. At least we now know to an absolute certainty what happens when government gets out of the way of business.

John and Vicki Boyd said...

So now I gotta drive to NC to get $1.98 gas????

Dandy.


Another winter like last year and maybe it'll be worth the drive. Of course, since the utilities have been deregulated, we can't afford to keep the lights on up here, much less pay for heat, maybe we'll just live in the car. At least we'll be warm.