Word: messes
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...sullen nation. If you haven't been laid off, you're probably working harder, maybe for less money--and almost certainly with less job security. People are anxious, depressed--and pissed. Which raises a question: Is there any way to use these emotions to help us pull through this mess...
...actions of his first week into a whiz-bang photo opportunity. He could have planted solar panels and a wind turbine on the White House roof or blasted the Bush Administration as he signed an Executive Order banning torture or lacerated the bankers who got us into the economic mess. But that's not his style, apparently. He has reversed the tactical, win-the-news-cycle sensibility of recent presidencies. During his first week in office, at least, he opted for strategy and substance over showbiz. (See pictures of Obama's Inauguration...
...look at financials going forward? It's difficult. We avoided much of this mess, and we've tried to limit our exposure to the banks. We've dipped our toe in the water a few times now. USBancorp, I think, will be a survivor and will thrive. But we've got quarters of difficulty. The hardest part of this is figuring out when people will start looking beyond the near-term. We've tried to take small steps into the riskier stuff. We ended up buying Bank of America again, since that worked out so well for us last year...
...current financial crisis is not all Phil Gramm's fault. Who says? Well, Phil Gramm says. Big surprise. But in a lengthy defense of his record and analysis of the current mess Friday afternoon in Washington, Gramm did allow that it might be at least a teeny bit his fault. Call it the beginning - maybe - of the nuanced consideration of the causes of the crisis that was impossible during the fall election campaign...
Read "Can Tim Geithner Lead the Economy Out of Its Mess...