Wow, April Fool’s Day. So who are the fools anyway?
Politicians, bankers, wall street-ers, or sheeple? No good news recently…
The G20 are meeting in London amidst rioting.
GM is likely going bankrupt with Rick Waggoner being removed as CEO by U.S. gov’t. Chrysler is in bad shape, too…
AiG is still a mess, though many have given back their mulitmillion dollar bonuses.
The Fed is buying Treasurys with money is has created, so the gov’t is loaning itself money. What an (inflationary) racket.
The Social Security outlook has gone from bad to worse.
Unemployment is still advancing.
I guess the brighter side: I’m going to Romania & Block Island this summer. Let’s hope that TSdoesn’tHTF when I’m in Eastern Europe! I don’t wanna live there!
I’ve been reaing about chess lately as a distraction from reality…
Filed under: Uncategorized