Do you feel the earth moving?
What a terrifying ride that Wall Street took us on this afternoon. I came out of the final estate planning meeting with our barrister to hear that the Dow was collapsing. This was not the news that I wanted to hear as we planned to split the estate stock account and liquidate some shares.
News organizations proposed several models for the loss from a fat fingered keyboard to fear of the Greek default to high frequency computer trading. I haven't a clue. The only lessons that I've gleaned from all of the economic madness the past few years is that there is very little confidence in the system and that the markets are betting against solutions.
Gold price jumped to a near record while oil prices declined, the dollar is up relative to the Euro even as retail sales in the US stumbled and employment edged up even as productivity drooped. If these gyrations were experienced in a structure, one would conclude that it was about to come crashing down. Watching the meltdown today, I expected to hear someone yell in the background "run for your life".
Meanwhile in random news:
Students in California sent home from school on Cinco de Maya for wearing US flag colored apparel. Apparently it might offend latinos on their holiday. Ummm...kiss my brown spot juan.
Black students in Michigan got to go on a blacks only field trip this week in a clearly racist, segregated stunt by a black principal. Imagine if a white principal planned a whites only function. How would that play?
Be careful about commenting on the size of a fellow worker's equipment. Otherwise he might beat you with another tool of the trade. Dems fightin words hombre!
Events continue to show the collapse of post-modern america. There is no tomorrow, no right, no wrong and absolutely no trust. Today at my work we had a two hour meeting to discuss boring minutiae while failing to discuss the 800 pound gorillas that were kicking the company's ass. There was strutting, preening and posturing but no gorillas were mentioned.
Do you feel the earth moving?
News organizations proposed several models for the loss from a fat fingered keyboard to fear of the Greek default to high frequency computer trading. I haven't a clue. The only lessons that I've gleaned from all of the economic madness the past few years is that there is very little confidence in the system and that the markets are betting against solutions.
Gold price jumped to a near record while oil prices declined, the dollar is up relative to the Euro even as retail sales in the US stumbled and employment edged up even as productivity drooped. If these gyrations were experienced in a structure, one would conclude that it was about to come crashing down. Watching the meltdown today, I expected to hear someone yell in the background "run for your life".
Meanwhile in random news:
Students in California sent home from school on Cinco de Maya for wearing US flag colored apparel. Apparently it might offend latinos on their holiday. Ummm...kiss my brown spot juan.
Black students in Michigan got to go on a blacks only field trip this week in a clearly racist, segregated stunt by a black principal. Imagine if a white principal planned a whites only function. How would that play?
Be careful about commenting on the size of a fellow worker's equipment. Otherwise he might beat you with another tool of the trade. Dems fightin words hombre!
Events continue to show the collapse of post-modern america. There is no tomorrow, no right, no wrong and absolutely no trust. Today at my work we had a two hour meeting to discuss boring minutiae while failing to discuss the 800 pound gorillas that were kicking the company's ass. There was strutting, preening and posturing but no gorillas were mentioned.
Do you feel the earth moving?
posted by lugh lampfhota at 7:57 PM
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