Monday, May 10, 2010

Payback Time

We added a new member to our family for a couple of weeks while my brother's family is on a cruise. They kept Meg, so now we get to host 1-year old Bryce. The poor kid seemed lost for the first few days, like he couldn't figure out why his life had been turned upside down. Plus he was scared of the dog. But now that we've discovered that he mostly just likes to eat and play outside, we're getting along fine. I think he has imprinted on me, like a baby bird. He follows me around the yard or house saying "Dad" all the time. Let's hope they don't get stranded in Europe by the ash cloud like we did (it's a real possibility).

While I was gone they put a window in my office. I should attach a picture. It's nice with a lovely view of Y-Mountain and Squaw Peak.

I'm fascinated by financial panics, so this Greek thing has been fun for me. It's also disturbing, because this country will get to the same place within 10 years if we don't change things. My conclusion is we have to cut back entitlement spending. Sorry seniors, no Medicare or social security until you're at least 70. That would be a good start.

But the worst thing about the Greek thing is the bailout. Not only does it throw good money after bad, as they will now default in 3 years instead of this month, but now American taxpayers are paying for it! That's right, the IMF, partly funded by the US, will help bail out Greece in order to prevent European banks from taking losses. As if bailouts of our own crummy banks weren't bad enough. Why don't the Tea-partiers raise some Hell over this? Why does it seem nobody is even aware of it?

1 comment:

Amber said...

Can I just point out that the director of the IMF has very close ties with George Soros? We are in so much trouble.