Saturday, March 14, 2009

Quiet Vacation

This week was fairly uneventful. I was on vacation this week. Nothing special planned and since I had a cold, just pretty much goofed off. Caught up some on reading back newspapers. Got some estimates for replacement of our side fence. Did get to ride my bike on Wednesday because the weather was so nice. But other than that, was just pretty boring.

I was glad to see the stock market went up some this week, but not holding my breath on the trend continuing just yet. Some signs the economy is recovering on its own. I'm sure the actions that the government has taken so far has only had a marginal effect, if any. The bank funds were probably the most effective to alleviating the credit crunch which isn't totally fixed yet.

I'm afraid I don't have any confidence that spending all of that money in the so called "recovery" bill will help at all. Its just a giant "earmark" by another name. Its obscene the way communities in each state are lining up for handouts. I just know that those of us who worked hard, saved, and spent our money wisely are the ones who will be asked to foot the bill for all the giveaway programs to those who didn't manage their finances in a responsible fashion. With them incentivizing sloth the way they are it will be a miracle if any of our children think that saving or getting an education to make a higher salary will be a good idea at least if they have any brains they won't. I can see that mediocrity will be the result of all of this equalizing. End of soapbox...

On that depressing note, I'll sign off for today. Try to have a good weekend!

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