Thursday, July 15, 2010

Isn't it amazing...?

Isn't it amazing how much work you can get done in the morning if you don't spend two hours... or three hours when you're searching for just the right illustration... putting together a blog post? Of course, I'm squandering my advantage this morning... but I have the best of intentions for making up for this momentary frolic and detour.

Of course, I usually do.

Isn't it amazing that nobody bothered to check for leaks in the latest equipment being used to try and plug the BP oil disaster? But, it's all OK now -- BP says the valve leak is fixed so they can go back to testing their latest improvisational stop-gap repair idea.

Why am I not comforted?

Isn't it amazing that JPMorgan Chase is reporting huge second quarter profits?

No, it's not.

In related news, the Senate is poised to pass a financial reform bill this morning. The Democrats claim that this will prevent another financial meltdown; the Republicans claim that the bill institutionalizes "too big to fail" and portends future government bailouts. And the linked Reuters article says, "Nearly half of those surveyed in a Bloomberg poll released on Tuesday believe the bill will do more to protect the financial industry than consumers, while only 38 percent believe it will protect consumers more."

Is that amazing?

No, it's just sad.

2 comments:

Empress Bee (of the High Sea) said...

sad is an understatement. my mantra for congress is term limits. i say those two words whenever i can work them into a conversation, even in the produce dept. if possible.

smiles, bee
tyvc

Jean-Luc Picard said...

An odd lot of statistics!