Showing posts with label economic collapse. Show all posts
Showing posts with label economic collapse. Show all posts

Friday, August 10, 2012

Who says crime doesn't pay?


It made a lot of Goldman Sachs execs rich....even richer than they were before.  It seems that with the Statute of Limitations governing fraud and the economic collapse of 2008 rapidly approaching, it's now-or-never time for the Justice Department to either prosecute Goldman or walk away.  They're walking away.  They say they don't have enough hard evidence to prosecute.  

By all accounts Goldman has been sweating bullets over this one.  I say Goldman's lawyers are better at hiding things than the government lawyers are at finding them.  Goldman has already paid Rockefeller-sized fines for their shady dealings, but they just paid the fines and didn't have to admit guilt.  There was a reason they accepted that plea bargain.  This is that reason.  (Uncle Sam...I think you were just "out lawyer'd"!)




Party time in the Hamptons!

~~~~~~~~~~~~~~~

It's party time in Dallas, too.  After yesterday's record 108 degrees, today's 96 seems downright cool!  Yea!  ;)

S


Monday, February 20, 2012

Strange....or spot on?

Over the weekend I stumbled on to a new series on the National Geographic Channel called Doomsday Preppers.  It's about people who think their world is about to collapse and are putting away food and water and ammo in preparation.  (Not to be confused with Mormons, who have long advocated keeping a years supply of food on hand at all times.)  It's really both part sad and part funny to watch.  Most are just a bunch of bubbas who live in "compounds" out in the sticks with buildings bulging with thousands of cases of canned goods, barrels full of potable water, and LOTS of guns.  



And what they're afraid of is almost comical.  For instance, one guy thinks the north and south poles will switch places, royally screwing things up on earth.  Another is afraid solar flares will fry everything electronic on earth, leaving those unprepared cold and hungry, with no trucks to deliver food to the stores, no cars to get to work, and for that matter no workplaces to go to.  Possible?  Sure, but I think I'll take my chances.  They have remote food caches, "bug-out" routes, and back-up defense measures (bows and arrows) in case they run out of ammo.


One guy, however, seemed like he wasn't a bubba, and in fact seemed quite normal.  His fear?  We're headed towards a world-wide economic collapse.  Seeing as how we came a lot closer than most of us realize back in 2008, and in fact Europe is still on the edge right now, his concerns aren't as far fetched.  


I'm still not ready to run out and buy 50,000 cans of beans and a years supply of freeze-dried chili, however.  For one thing I don't have a place to store it all, and certainly no place to stock the thousands of rolls of toilet paper such a diet would necessitate.  I do have three boxes of microwave popcorn in the pantry, though.  I wonder if I could use that to barter for some Snickers bars and maybe a Coke?  If so, then I'm good.


~~~~~~~~~~~~~~~~~~~

And to turn the topic around 180 degrees, according to the NYT, the Urban Man lives!  Their headline reads, "Men Step Out of the Recession, Bag on Hip, Bracelet on Wrist".  They go on to say "men are buying so many accessories that some forecasters predict sales growth....this year will set a 20-year high."  To appeal to men they're not calling bracelets "bracelets", but "wristwear".  And it's not a purse or a "murse" (Man pURSE....get it?), but a "holdall".  

"Bracelets (I thought we just decided to call it "wristwear"?) are on fire right now", said Tim Bess, a trend forecaster.  "I'd say it's the No. 1 look for the young man."  

"Young man"?  I must admit I've worn one for years.  I knew if I wore it long enough the trend would come around and I'd be considered fashionable.  'Bout damn time!  :)

S