Recovery is in the works

Through the time of the housing debacle there have been two properties that stand out to me as beacons of how the economy is progressing. I have good news. In the last three days, both have been sold. The first one is the house next to me which has been on the market for about five months. The other one is a foreclosure on Hunter Mill Road. There was a huge GMAC foreclosure sign in front of it that has just been amended to say, SOLD. It is always darkest before dawn and I am gla dto say that whatever you see heppening in the coming weeks, good news is on the way.

Check your compass sailor

Dear Senator McCain,
I wanted to make you aware of the fact that your attack ads on Obama have become so vile that you are at risk of squandering your reputation as a great leader. Just like George Bush squandered the goodwill directed at us by the world after 9/11.
With you slipping in the poles, your attention should revert to your political legacy, not going down with your ship.
The hate you are slinging is taking your political career of course. I suggest you check your moral compass.

Looking to 2012

CNN reports that Sarah Palin is now looking forward to 2012 having gone rogue from this camapign. Is she kidding? When this election is done she'll have a challenge running for town council. Where's Katherine Harris now?

Financial meltdown

The stress created by the market meltdown is beyond compare. It is very painful to watch your personal financial security evaporate in front of your eyes.
There isn't a single asset class that has been safe by the market demise- stocks, bonds, oil, gas.
They key issue is a crisis of confidence. Now that the fed has injected the capital, the go foward problem is fear. At this time, history is the best teacher. History shows us that we'll come out of this OK. It will take time. Some say years however, we'll be ok.
The Oracle speaks... Warren Buffet says, "Be greedy when others are fearful, and fearful when others are greedy." For me this means that it just about the right time to get back into the market. My suggestion is... Real estate. This asset class has a strong chance to outperform the market and is a good hedge against inflation. My sense is that all of this liquidity in the market will lead to a period of hyper inflation. That in turn is good if you have debts that will erode in value over time.

McRove Palin hit new lows

The recent TV ads from the McRove Palin campaign hit an all time low in politics. Karl Rove has plumbed new depths in the, "if you can't beat him, attack his character" campaign. In a final act of desperation they have resorted to the fear mongering that they used post 9/11 in an add that says they'll test his mettle in the first six months.
Funnily enough, I am cool with this as the cool hand of Obama is surely better than the judgement exercised by McCain.
Firstly McCain's judgement can be questioned by selecting Palin in the first place. Palin is clearly not competent for any executive level office after her fumbling every interview she has. Hockey mom or not, she has the goods. My mom, is a hockey mom, and a brilliant woman. She thinks Palin is a vicious attack dog... Sans lipstick. Palin's interntaional experience is that she can see Russia from her house. Unfortunately that's not enough. It is evident that the world is afraid of the chance that such an unskilled and ill equipped person could ascend to power. This is the land of opportunity. Does she know how much we laugh at her? My sense is that she'll vanish after the election going to some obscure job, not to be heard of again. Republicans will be smarting from this for a while. She'll go the way of Kathleen Harris, I am sure
Scary scenario one is that McCain is 72 years old and not in good health. The liklihood for him to live through a four year term is not high. There is a strong chance that melanoma or another malady will incapacitate him. Palin as VP can't be the punchline to that scenario.
The most recent embarassment for them includes the conduct of his brother Joe who just Thursday told a 911 operator to fuck off. Many of us feel that hot headed, impulsive response must be a family trait and best left on the beltway and not inside it.
Obama's victory is not a certainty. We must ensure we get everyone out to the polls.

Where have you been

I recognize it has been a few weeks-almost a month since I've posted so please accept my apologies. The demands of daily life have been significant. As summer turns to fall the mind gets focused on a number of things related to school and work.