It’s Been a While…….

….. since I posted, among the reasons of course is my non stop life, which I do enjoy, I’m not complaining except too many things I would like to do get left by the wayside. Another reason can be found in this postover at Schmaltz und Grieben.

THOUGHT FOR THE DAY: In what PC-addled public school did Americans begin to be taught that when bad things happen, no one is ever to blame?

D’jever notice that we’re not supposed to blame anyone for the current Great Depression?

Or how about, “IT’S THE FAULT OF ALL OF US.”

…………………………………

We’re never going to fix the problem until those that created it are held to account.

I am so disgusted with all the crap going on, corrupt governors and senators, idiotic, ideological schemes such as Fannie and Freddie to get homes to people who can’t afford to pay for them while those who run it like Dodds, Raines and many others skim off millions for themselves, then when it threatens the economic system itself, use the taxes of the hardworking American people to pay for it all, without a by your leave or a pretty please with a cherry on top with the inferred choice to say no you may not, you got into it, you get out of it.

From a column by Colby Cosh in the National Post reporting on a speech by Bank of Canada Governor Mark Carney:

In the published version of his speech, he notes that “only a handful” of analysts and policymakers saw the disaster of 2008 coming. In a footnote to that sentence, he mentions a short list of honoured names: At its top is that of Bill White. You have probably never heard of William R. White, and almost certainly you don’t know that he is one of the most accomplished Canadians alive. A Kenora, Ont.-born, University of Windsor-educated economist, he worked for the Bank of Canada from 1972 to 1994, eventually serving as its deputy governor; he then switched to the Bank of International Settlements, the “central bank for central banks,” where he served as top in-house economist until his retirement in June.

As the brains of the BIS, White tried to warn central bankers of the mess we are in now, describing in frightening detail exactly how it would arrive. In the bank’s 2007 annual report, he noted that the world was living in a period in which the dragon of inflation appeared to have been slain — but underneath its corpse was a rapid underlying monetary expansion, an array of confusing and novel credit instruments, unprecedented household debt and dizzyingly high asset prices.

So you have this extremely smart guy who must be known to the ‘leaders’ and if not, why not, warning of the danger to the economy and no one listens? Incompetence doesn’t even begin to cover it. [To be fair, the Canadian government under Stephen Harper, who is himself an economist, what a change from the endless succession of lawyers we get, have been prudent.] As Alois at Schmaltz und Grieben says, it’s the same PC addled teaching in schools, where everyone must have a prize, no one must be a loser, hence these high flying politicians and over rewarded CEO’s of huge corporations like GM, who screw up totally and there are no consequences for them!!

We need change all right, a change back to the days before PC undermined the ethics and the backbones of the people.

Which brings us to Obama who seems to be lulling the people on the right with his not bad choices for cabinet and other offices so far. I’m afraid he’s picking his battles and that his main battle will be to change even more the education system that has brought us to this sorry state to bring it more in line with what Bill Ayers has been up to in Chicago.

We shall see, won’t we?

After all that unpleasantness, a reminder that life goes on and is another reason for my lack of blogging lately.

However, I have a number of items I want to bring to your attention, so for a while there will be a post a day! How about that.

Happy Christmas to everyone and specially to Zee and her extended family, we all have a lot to be thankful for.

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