August 11, 2011

I Can't Believe My Ears

Alan Greenspan said what??? "The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default"

Can you imagine walking into Office Depot to buy something, but only having a dollar in your wallet, and then saying to the clerk: Let me just go over to the copier and make a few hundred copies of this dollar so I can buy this whatzit." Do you think you would land on your ear or your rear when they threw you out of the store?

Granted, it's been awhile since I took an economics class, and I probably wasn't paying attention at the time either, but wouldn't that devalue the dollar?

.....

Heard on the radio today: "The record (of 100+ degree days) breaking streak is in jeopardy." What??? We're in jeopardy?!!! I think the news media has been in the sun too long. I want the streak to be over, but apparently there are some who would like to tough it out a few more days so 2011 can break the 1980 record. Today would have been the 41st day in a row of triple digit heat. The record is 42, and it was predicted that we wouldn't see a high temperature under 100 until at least another week. But alas, there is a line of clouds with some rain coming from the north and the streak has been broken. Cancel the parade and dry your tears meterologists. Better luck next year.

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