Archive for the ‘truthiness’ Category

Truthiness

Saturday, July 26th, 2008

Wait wait, is that the Truth I hear?

Room with a view

“Wall Street got drunk.” What a funny way to put it. I wonder if the oil companies are drunk as well. All the noise about emerging markets putting upward pressure on oil prices is just a cover for greed. Let’s see what happens when Americans stop buying stuff made in China. I agree with my bank when it writes that oil prices are another bubble that will burst. I wonder if the housing market will be the trigger that brings it all down. It was good news to read that highway fatalities have gone down since gas prices went up. Everyone has to be safer when the big cars are off the road. What if we all drove motorcycles? At least we’d be safe from cars.

I’m still having trouble with the “wall street got drunk” statement.
After 8 years all of a sudden everyone has started telling the truth?

Wall Street got drunk
The economy is in trouble and going to get worse

I like it when they say “mistakes were made” or “we didn’t understand the depth of the problem” or “we didn’t think the Iraq people would react that way” or how about “we did our best, we just didn’t foresee this.” Can’t they hire someone who has a little prescience and listen to him or her? And then they stand up and say, “I take responsibility for this.” The statement doesn’t change anything, it’s not their kids being killed in the middle east. So what does this responsibility amount to? You tell me.