Sunday, December 28, 2008

The secret to financial success is the same secret for getting rock hard abs.

Mechanization best serves mediocrity.
Frank Lloyd Wright

Today has been nice. It's the gap between Christmas and NYE, and for me it is a personal holiday. A weekend of silence, or maybe, a weekend where thoughts may float by: whimsically without having hitting some kind of analytical bulls-eye.

Of course the press is the exact opposite, always. As the diversity of what is being reported dwindles and we all wish that the severity of what seems like an international meltdown was something less. Maybe a lie? You wish.

If there is another holiday invented in America that engineers sales so good that it crushes an actual human being we may all run towards the light. We all winced the first time we saw a death by trampling because a soccer game. However, when it is a Wal-Mart employee it tends make you question financial motives.

Embedded in the haystack of articles to choose from online I stumbled upon this one, someone else questioning the nature of Western Economics. Next, I was saddened: there was nowhere to comment- usually my gut reaction is write comment but the blog will do.

Peter Applebome suggests Americans are financially uneducated, we don’t understand compound interest; we don’t understand the concept of debt to income ratio.

Very early in the article he mentions this guy: Bernard Madoff. If you know anything about Bernard you know that he was responsible for the largest display Americas economic motto: “Yarrrr”.

How could you not see the consequences?

Explaining subprime is really funny. The corporate structure is loosening up like Mary’s blouse, that is the best explanation we are getting. The most humiliating part of it all: the media’s portrayal of the American people- thus perpetuating ignorance and mediocrity.

People are already saying “What Would Gordon Ramsay Do?”

Sorry about your 401k, your portfolio and you house, better luck next time, next year, next wife, next country.

Meanwhile, there is no hope for floating cars. Sorry Robert Zemeckis, it appears that our imagination cannot get past its net value.

So, are we going to make our days of mediocrity an International Holiday? Why not just celebrate all of the time?

How about a “Gordon Ramsay Day” as a holiday.” He could unite with the leaders of the world and tell them that they need to use fresh ingredients rather than the frozen ones, which seem to repeat history over and over again.

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