hmatt's blog

Every trip on the metro home I feel my eyelids get heavy. By the time I came in my door I dropped everything and went to sleep.

That was at 7pm. Then I awoke at midnight.

I’ve been wasting the hours away reading online and watching the office on hulu.

Then I read this article on cbs – it was an interview about the financial crisis & the fed reserve.

Like a lot of people, I’m confused why the tax payers are throwing tons of money to bailout companies. The seemingly logical thing to do would be to let them fail and then move on. Then the counter argument begins.. if we did that then it would make other things collapse.

Quite true. So now we as the American people are left in a quagmire where we have to ‘save’ these banks that continue making bad choices and giving out bonuses.. it is all frustrating.

http://www.cbsnews.com/stories/2009/03/12/60minutes/main4862191_page2.shtml

This article kind of lets some insight on how the Fed reserve has been battling this crisis. The end result is that they’ve been ‘printing money’. Which will cause a HUGE problem if things aren’t dismantled properly after we have some stability. Otherwise we’ll end up like some of those markets on the other side of the world. I remember hearing a story about the money (rubles?) being used to burn for heat because there was so much of it. An entire wheelbarrow of printed money was required for a loaf of bread.

——————–

I wonder when the movie Atlas Shrugged will come out, it would be a very interesting topic to discuss with people. If you haven’t read this before it deals with a market in turmoil; a very timely piece.

Okay.. I have to be at work later today.. I’m still not tired again, but it is hard to force myself back to sleep. I spent 99 cents on an app that allows me to play rain sounds to get to sleep.. I’ll try that again I suppose.

I do miss those ‘healthy’ sounds. When it rains here I get kind of homesick and miss the green forests of the northwest..

but I’ll be so glad when it gets warm again. I’m growing very sick of being cold all the time.

This entry was posted on Monday, March 16th, 2009 at 3:11 am and is filed under Everything Else. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.