Friday, November 14, 2008
What's Wrong With This Picture?
These two little tykes were on their way to the school bus this morning. This picture was taken from one of my bedroom windows. Nasty weather eh?
Hey, I'm supposed to leave for a "road trip" on Monday!
Have no fear, after all, this is Colorado....
The 6 day forecast for the north central part of New Mexico looks like this.
That doesn't look bad to me either. I'm thinking this will be a good trip. I started packing and finished up researching the stops I'll make along the way. I am planning on staying at a commercial RV park on Tuesday night in Aztec, NM so hopefully I'll be able to file a report from there. For the rest of the trip I will be well beyond any WiFi or cell coverage so the stories will have to wait till I return.
On another totally unrelated but still "What's Wrong With This Picture" subject, what is the benefit to our financial system to allow "short" selling?
I rarely make political or social comments on this blog but our current financial melt down has me scratching my head. Now I'm no financial genius but I managed my way through a business career, raised a family on a budget, bought several houses over the years and numerous cars, boats and trailers. I even accumulated some stocks. Though the years I think I've also learned a little about human nature.
So I'm wondering, how is betting on a bad thing happening....a good thing? If someone makes money on a bad thing happening and they are serious about making this money, isn't it in their best interest if bad things happen? Do you suppose they might try to do what they can to have a bad thing happen? It appears to me that it's way easier to influence the stock market with bad news than it is to influence it with good news.
I just don't get the "logic" in allowing short selling in the financial industry. It seems like it's giving someone a big hammer, sticking a bulls eye on your forehead and then spitting in their face?
What have I missed here?
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