I smell a RAT

No, not the little critter that tends to become endangered whenever there's a cat around. I'm talking about the Recovery Accountability and Transparency Board. How is this stimulating the economy?

When the world (almost) came to an end

According to this September 18th, 2008 almost marked the end of the world as we knew it. But it didn't happen. Someone pointed out that it was the turnaround point from when McCain/Palin went from leading in the polls to trailing again. It makes you wonder who might be behind the events of that day.

Ready for a worldwide government?

According to this, it could be possible. Is this the reason they're pushing the global climate change nonsense and now this new global financial crisis--to get people to think in terms of a global government? Near the end it uses the European Union as an example and says this:

In general, the Union has progressed fastest when far-reaching deals have been agreed by technocrats and politicians – and then pushed through without direct reference to the voters. International governance tends to be effective, only when it is anti-democratic.

That's all we need. Politicians deciding it's in the best interests of the populace without asking them directly. Hopefully the checks and balances we have in this country will hold the tide long enough to keep this nonsense from happening.

Japanese Banking Crisis

As everyone knows, the financial crisis is world-wide. Here's what's happening in Japan apparently:

Origami Bank folded last night. Apparently Sumo Fund Managers went belly up and Bonsai Bank, after a period of stunted growth, now plans to cut back some of its branches.

Kamikaze Bank took a dive and 1,500 staff at Karate Bank got the chop. Analysts report that there is something fishy going on at Sushi Bank and staff there fear they may get a raw deal. Onsen Bank has taken a bath and even Miso Bank is in the soup. The share value of Samurai Bank has been slashed.

On the plus side, now is a good time to buy Karaoke Bank, its shares can be had for a song.

(Yes, I copied it from here. It's still funny though.)

Is bankruptcy the answer?

No, I'm not declaring bankruptcy. I would never encourage any private citizen to do so. However, this article suggests that the current financial crisis would be best solved if those companies who are in trouble did declare bankruptcy.

The other day, the US House voted down the bailout package, which, in my opinion, was the right thing to do. Now, however, our political leaders are all pushing again to get another version of the bill to pass. It appears to me that they're taking a barrel of pork, trying to add enough lipstick to the pigs so that they will look like supermodels.

If they would let the inevitable happen, it might hurt at first but in the end it would be less painful than if they keep messing around and make the problem worse.