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Mortgage Crisis -

on July 24, 2010

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Well if this doesn't look like today....

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AIG

In advertising there is a thing about truth in advertising - not that anyone really looks closely anymore (yes they do! it was a tongue in cheek comment honest!!) There is a parallel in things related to the financial markets as there is a straight up area of hype potential and instead of some bad pasta sauce you'll never buy again in the financial markets you can loose your shirt if the other guy isn't telling the truth about the smallest thing. When I read an article like this one in Forbes , my first thought is, well it's Forbes (I mean Steve Forbes - the apple that fell soooo far from the tree).....not the Encyclopedia Britannica. But then I think about the mix that occurs in between advertising and "news" and financial matters. I almost went to work for AIG years back writing research and POV papers for management. I didn't. For investment purposes I'm glad that fell through as I would have probably bet the farm on that rock solid company (then) and

An autumn of a Summer Week

Sonnet LXXIII That time of year thou mayst in me behold. When yellow leaves, or none, or few, do hang Upon those boughs which shake against the cold, Bare ruined choirs, where late the sweet birds sang. In me thou see'st the twilight of such day As after sunset fadeth in the west; Which by and by black night doth take away, Death's second self, that seals up all in rest. In me thou see'st the glowing of such fire, That on the ashes of his youth doth lie, As the death-bed, whereon it must expire, Consumed with that which it was nourish'd by. This thou perceiv'st, which makes thy love more strong, To love that well, which thou must leave ere long.

It's how you look at things

Some things never have occurred to me unless I see them first hand. Unfortunately I don't spend a lot of time in art museums although I've visited a lot of them and always enjoyed the time. It is more a matter of opportunity than of dis-interest. Growing up as a musician, I gravitated toward music libraries and concert halls. After you get some proficiency, you can "hear" the music in a library (on the printed page) just by looking at it. It is not a big deal skill, just that over time you can pick up a music score or part and "hear it". The realization of music from the source is really something of a mental translation but unless you are actually playing it or "reading it", it pretty much requires someone else to perform it for you - to take it off the printed page and convert it into sound. As an audience or consumer of music, most folks are reliant on someone else translating the symbols into the, or a, comprehensible sound form.

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Mortgage Crisis -

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