Friday, March 19, 2010
This is one smart beaver.
Random rant - Surfing the web I see that our military is spending 168 million to develop a deadly laser capable of shooting down missiles. This beast called an FEL can put out enough energy to power a small city. How is it that we can spend billions er make that trillions of dollars killing people but god forbid if we spend a couple of billion bucks on health care?
Ever notice the modifying words in the headers of Google or Yahoo News. Nothing gets put at the head of the search engines like explosion, stabbed, murder, revolt, or any other scandal. Consider that if your writing some news item and want to get to the head of the pack.
Watching the hearings on financial reform this morning. You'd think our financial system was based on some form of quantum physics. It's real simple guys. You spent the last thirty years doing away with all the rules from the system. How about putting them back? Separate the banks and investment houses, outlaw derivatives and no more packaging subprime mortgages. Simple balance sheets might help as well. Profits, expenses and losses with no more of this off the books accounting. Wish I could do that. You think they'd buy it if I told the IRS my AGI was zero because I moved it to another account in my other name? I could just tell them I'm too small to succeed.
I could go on but that doesn't help anything.
Almost forgot yet again three more banks failed this week one each in Ga. UT and OH.