news of the day

The news of the day is about the same as yesterday.  More money being spent, more people being hurt and more bad weather.  I don’t actually watch TV news though I will occasionally try to catch the weather report — I do live in the midwest after all.  I do read the local paper (on-line, I’m frugal too) but usually focus on the stuff happening locally which can be pretty depressing in and of it-self and I figure I don’t need another layer of depression on top of it which is why I usually skim or even skip the world news stuff.  I’m not sure if that makes me lazy, a delusionist or perhaps a realist.  But it is what it is and I am who I am.  (Can’t believe I actually typed that — how Popeye of me).

What is the point you ask?  Good question.  Hmmm, I suppose the point is that nothing really changes.  Or perhaps the more things change, the more they stay the same.  How trite.  Again, I’m not sure I believe that I typed that.  I suppose though if someone has said something that makes sense, it makes sense to use it again.  And again….

For example, when George W. was president, didn’t we bail out some big companies — to save the economy?  And now, with Obama as president aren’t we doing the same thing?  I understand that it is different companies, different industry even but still we ‘must’ or risk depression.  I don’t know about you but I’m already depressed (see above) so I’m not sure saddling my great-grandchildren with a bill of about a trillion dollars will  make me any happier.  Perhaps my take on the economy is too simplified but I never considered myself an economic genius – says the woman who barely balances her checkbook.  So my take on the economy — is this not a capitalist economy based on supply and demand?  If I demand it, you supply it and I will pay the price you ask or not.  In which case you will choose to lower your price or try to sell to someone else.  So if I’m a car manufacturer, for example, and you don’t want to buy my car, I should not make any changes in my company policy (i.e., make better cars, lower prices, advertise differently, etc) but I should run to the government and say, “the sky is falling”.  That in a nutshell is my take on our current problem.  Of course, my solution is to not bail anybody out but let the chips fall where they may.  I’m sure some economic genius will tell me that is wrong but until they can explain it in terms that I can understand (“pretend I’m a 5 year old”) then I can’t drink the kool-aid.  Really.

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