And the Money Woes Continue

I recall a fleeting idea to move out west (CA specifically) for a while - you know - for a change in pace. Not that it's out of the question, but reading this has made that seem somewhat less appealing.

Then there's the whole auto catastrophe. I always lived by the Uncle Walter philosophy - don't buy new cars. I don't know how many other people have lived by that, but apparently enough to put one of America's main manufacturing segments into dire straits.

And finally of course there's the banks - many of which are as good as dead. I heard a report on NPR this morning on my way back from Queens to Westchester (a drive I find oddly soothing and pleasant in either direction) where a former hedge fund manager referred to these major banks as "Zombie Banks." They're neither alive nor dead, but there is no way to bring them back to life. Just like in Night of the Living Dead, you HAVE to kill them - that's the only way to start anew. It's a scary thought - on many levels - but I'm sort of leaning toward agreeing with it.

Not to get all political or economical on y'all - in fact I'm not expert in either field. But it's pretty darn hard to not talk about this stuff these days.