Wednesday, November 07, 2007

Random Thoughts

1. Have we fixed all the bridges in the U.S. since the one collapsed in Minnesota? One doesn't hear much about our bridges from the politicians who were so concerned about the situation when the cars were in the water.

2. This economy is in real trouble and will be until the credit obligations issued by mortgage companies gets sorted out. If the Federal Reserve has to lower interest rates to cover for these mortgage problems with our financial institutions, the dollar will go even lower and if this keeps up, countries like China which have a lot of our dollars will move to another currency and then we will have real recession problems. Think about how damaging it will be when we have to buy oil at some elevated price with something other than dollars which are losing their pizzazz.

3. Rosie O'Donnell is rumored to be in line to host a program on MSNBC at 9:00pm against Larry King and Hannity and Colmes. It will be fun to read about how desperate she gets to boost ratings. I won't be watching.

4. I am constantly surprised how much interest there seems to be in who manages the New York Yankees and where A-Rod plays once he leaves them.

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