economics

I will never contend to be wise about economics. I will never pretend to be wise about economics.

Much has been made of all the bailouts. Much as been made of all the challenges to the economy. The McCain folk claim that the Obama folk blame the Republicans. The Obama folk claim that the McCain folk blame the Democrats. Everyone is to blame. I am not to blame. That is the common contention.

I listened to an interview on NPR about how the government neglected to regulate correctly such that we now have economic crises. Some say the government needs to monitor more. Some say the government needs to stay out of the way of business.

Recession. Inflation. All is up and all is down.

I find it interesting that we are mostly best at looking back at what should have happened based upon the current state of chaotic, if not crisis, economics. No one has consistently predicted the future, not that Alan Greenspan was all that good when he was good.

I do know a few things:
- when things are going good we stop looking at what could be a problem
- when there is money to be made we all rejoice
- when things that are going good are left alone they tend to start to rot
- when rotting things get smelly we take notice
- we are always in a reactionary mode...always
- dollars do not make cents unless there is bad investment
- you need cents to make dollars
- dollars make sense, if you believe the capitalist view
- no matter how much dollars make sense it is not good for dollars to make cents
- it always makes sense for cents to make dollars
- it takes longer for cents to make dollars
- when dollars make cents, it happens quickly...and usually suddenly
- when dollars suddenly make sense, everyone notices, but too late
- when people are too late, they tend to blame everyone else
- dollars can be made blaming others
- blamed others usually make cents
- insensed people make dollars off of other people
- cents don't tend to make sense when there are dollars to be made
- rarely do we get to making dollars and sense

What's my sense? A penny saved is a penny earned.