Friday, October 10, 2008

Fix It!

What a depressing week this has been.

Markets are tanking across the world. The stock market in the U.S. is down 40% over the past year. Governments around the globe are trying to step in to solve the credit crisis by lowering interest rates, infusing the capital markets with hundreds of billions of dollars, and taking over interest in banks to help free up money for lending. The cost to us Joe Sixpackers down the road in taxes is going to be enormous.

Meanwhile we are in the final month of a contentious Presidential election, and the campaigns have turned ugly. On one side the candidate that is behind is increasingly turning to character assualts, claiming that the opposition "pals around with terrorists." On the other side, the candidate in the lead released a 13-minute video digging up dirt on the opposition from a scandal that happened 20 years ago. Politics can be an ugly, ugly business, and these last days are certainly going down that path.

So as we watch our retirement accounts, college savings accounts, and savings accounts go in a southward direction and as we listen to our Presidential candidates attack each other relentlessly, laughter becomes imperative.

The "Oscar Rogers" character from last night's Saturday Night Live special sums up what I think all of us want to happen right now. Go the the 4:20 mark. Just "Fix it!!"

Cheers everyone!

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