Sep. 21st, 2008

jhetley: (Default)
Still haven't had a killing frost here in town.  Will attempt a broader survey of the surrounding countryside later, if we warm up enough for a bike ride.  (Skipped riding Thursday, when our daytime high reached a whopping 57 F, with gusty winds  . . .)

In our "suffer for the common good" campaign, I have kept the thermostat down at three-layer levels in the house.  Wife grumbles.  I point her at the check register, where numbers keep declining . . .
jhetley: (Default)
"Paulson urges quick action on $700 billion bailout"

And please don't read the fine print first . . .

"Fools rush in,
"Where wise men fear to go . . ."

Addendum

Sep. 21st, 2008 09:42 am
jhetley: (Default)
It's worth noting that all the "bad debt" out there doesn't represent a dead loss.  Each mortgage has a genuine tangible house behind it, for example, with a market value somewhere greater than zero.  May be $300K rather than $400K, may take a few years to move, but it ain't zero.
jhetley: (Default)
I don't mind the neighbor's kids on my lawn.  It's their dogs . . .

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