Insightful comments from James Grant, a well respected financial market analyst. In this interview with the Financial Times he comments on intervention by the US government exacerbating the problem, the incompetence of fiduciaries and the “bail-out” plan. Here’s the video link.
Author:astraea
Get your mind off the financial meltdown …
Get your mind off the financial meltdown … watch our dear leader at his best. Videos of the leader of the gang that got us here.
The Elephant in the Room is Humanity
The elephant in the room is humanity. The species is taking up all the space and its becoming difficult to breathe. It’s a nice elephant, but when it breaks wind, all else suffers (and trembles) – even the elephant starts to notice a strange whiff in the air, but pretends it isn’t there. Funny thing …
Continue reading The Elephant in the Room is Humanity
Another report on the decimation of amphibians by humanity.
A recent global assessment presented by scientists from the Zoological Society of London found that a third of all amphibian species are at risk of being exterminated, predominantly as a result of human activity. Global Amphibian Assessment Edge of Existence BBC report
A Big Problem In The System
If the world expected everyone to be good, then it wouldn’t be bad. You’re naughty because everyone else is. You play by unethical rules because everyone else does. And gets away with it. (The ongoing farce of bailing out the rich in the world of money is a current illustration.) But if everyone expected to …
Continue reading A Big Problem In The System
BT Notes – Organics?, Solar cycle, Yoga, The Shed …
September was marked by Organic Week in Ireland. It was encouraging to see broad media coverage and growing awareness among people. Even Lidl had a special promotion selling organics at 1/3 to 1/2 off – milk and eggs were cheaper than regular product so it was an opportunity to try them. And there was lots …
Continue reading BT Notes – Organics?, Solar cycle, Yoga, The Shed …
Living in an upside-down world.
An excerpt from The Flip by David Rippe and Jared Rosen. The Bridge of Choice Imagine yourself standing on a bridge between two worlds. On one side of the bridge is an upside-down world. Why is it upside-down? It is upside-down because people have lost their intimate connection to the whole, and feel isolated and …
Continue reading Living in an upside-down world.
Moral hazard, bailing out the rich and more trouble to come.
It is exasperating to hear that US regulators and policy makers have decided to bail out the principals responsible for the gross uncertainty and risk that prevails in financial markets. Hundreds of billions of dollars will be spent on buying bad debts in order to reliquify financial markets. It doesn’t sound like a smart investment …
Continue reading Moral hazard, bailing out the rich and more trouble to come.
More life destroyed by humanity’s footprint – 2008 World’s Birds Report.
The State of the World’s Birds 2008 report, the first update since 2004, found that familiar species are declining in all parts of the world. In Europe, an analysis of 124 species over a 26-year period revealed that 56 species had declined in 20 countries. Farmland birds were worst affected, with the number of European …
Continue reading More life destroyed by humanity’s footprint – 2008 World’s Birds Report.