For some reason, the markets are all confused. On paper, the economy looks fine. All the people who make their living in finance are making money hand-over fist. So, by their beloved Reaganomics, they "trickle it down" to us consumer grade folk and we're all obviously living large.
Oh except those gross subprimes. Those lazy bastards who actually believed the refi marketing hype. But now they be overextended and can't pay they notes, and shit. But don't you worry, the goldilocks economy is doing great! The market is higher than ever! Just look at these numbers!
Wait, now, I can explain. Some of the A Lines are, well, defaulting. Well, more than usual, in fact, maybe a lot more. No big deal, everybody relax, it only means that we have to readjust everybody's credit rating, just a little bit, down.
It only means that more people than ever will have bad credit or no credit at all. Our economy is based on profits, not credit - right?!
I look at it this way: I could have been a AAA Line guy. I could have the credit collectors calling about that $30 million dollar loan, remember?! How do you plan to pay that back exactly, Jack? Have you had these assets recently appraised, Jack?
But this does not mean that the economy is ill. Stop saying that! Sure there are some inequalities, but only for the stupid people, really. We've got to thin the heard. It's only nature. It will all work out eventually. You know, status quo.
Right now it looks like gas could raise up to $4.50 before it really began to "adversely affect demand". Hence, $4.50 becomes the target price, since that is what the market will bear. So when you see the gas at $4.44, and you start to wonder in your mind how your going to stop using so much gasoline, remember I told you today, it's too late. You can do something right now. You can move your demand curve. Not a gesture, nor token, nor misdirected rage. Just make a simple plan. A simple way to cut down on the gas you need, forever. Combining trips, a different route, a carpool on Tuesdays, sell your car, be creative. When the price of gas falls back to $3.44, you keep the plan going. Find better and better ways. Improve your generous yield. Grow your human capital. Reinvest the dividend of your fine time.
Care for the plants and animals. Care for the birds and the fishes. Care for the children and their mothers. Care for the sisters and the brothers. Care for the sick and the needy. Care for the friends and the enemies. Care for the men and their weary souls. Care for all this and care for all of us.
The ability to care is a fundamental part of the true gift of being human. It's risky, but don't give up on it. They may seem little or insignificant but so what they're your cares. Just care good, you only get one shot.
