Saying what I would say, if I owned a major financial publication.
A lucid look, for a change, at the mess the economy has become.
Well worth your time.
-J.
P.S. I got another TINY bit of good work-related news yesterday, so keep up your thoughts/prayers/crop circling.
Well worth your time.
-J.
P.S. I got another TINY bit of good work-related news yesterday, so keep up your thoughts/prayers/crop circling.
Comments
It was saying that the power of positive thinking could change your life, basically.
I will keep sacrificing small insects in the hopes the economy will improve, & your 'lot' in particular, has success.
In the long haul, we should be just fine. It's the short and medium hauls that are leaving scratches and bruises.
-J.
Also he derails at the end where he discusses the possibility of abolishing the sales tax ... I have too many relatives living in MA for that to seem like a good idea. I'll listen to Steve Forbes's ideas on that when he's a legal resident of Massachusetts!
Mark-to-market is something that I have been railing against since forever. (For those who aren't up to Googling, it's the change in accounting law forcing companies to put on their books the "market price" of their assets, which sounds fine...until you realize that for some things there ISN'T a market, like mortgages. In which case the bank has to mark it at zero. Lunacy.)
The MA thing is, I think, related to the income tax, not sales tax and was not the bit related to the economy. That said, it HAS been 230 years since Mass. residents got all hopped up about taxes, and look where that got us.
-J.