As a resident "Doom and Gloomer" you may think I am a nervous sort. Far from it, most of the time I am calm, cool, and collected. Well, unless it is football season, or a Lil Kim video is on. I have to say that today made me officially nervous and I will tell you why.
First off, the last leg of hope for a miracle recovery was a monster jobs number. Most had a range of 500k-800k to the plus side. My own was 550-650k. Of this most was to be census jobs but a bulk was supposed to be real organic hiring that we have been told is ready to explode any minute.
Well not this minute. Here is the last leg of the recovery hopes:
From the film "No Retreat, No Surrender" and if you have seen it you are a real martial arts film addict, like me!
I am more nervous now that I was at the March 2009 lows. Why? At that time there was a firmly established belief that the government would save everyone. They tried but now:
-Housing is rolling over big time
-The calls for job growth any day now just look dumb
-People are asking the right kinds of questions
-Government intervention has been shown to be at best a short term band aid but not a fix
That crutch has been removed. That is why I am nervous. I did not say they would not try, I said no one will really believe it.
And try they will. Here is what the folks that brought the last set of fixes are calling for:
The Case for More Monetary Stimulus Remains
It never ends.
I had a ton of stories that I was going to cover but I think I will leave things as I have written out. I may write this weekend about how to have a small backup plan in place should things get ugly in a real hurry. No worries, everyone can do these things and NO the end of the world is not at hand. The world was never going to end, contrary to what Henry Paulson and the big banks told you. Maybe just their world.
I was thinking that a little variety would be good. I read Gawains comments here and Moneta's and others and I think "I just want to copy/paste the whole thing into a post" but I feel that is not quite right. Here is the deal:
Anyone that would like to offer up a contributor piece can submit it via email to the address on the left. I will review it and communicate if it will post. During the week I would like to feature at least 2 or more guest thoughts. All angles are welcome and nothing is out of bounds. Let me know if anyone is interested.
Friday Night Entertainment
With a lead off like that, can I salvage a fun evening? I am going to try!
Last night I wrote at 8:20pm:
I have not been into basketball since the day's of a ferocious Pat Riley led NY Knick defense manned by such players as Ewing, Mason, Starks, and Oakley.
Not an hour later Barry Ritholtz wrote:
The Lakers vs. Celtics Finals are sure to be a blast. As a long suffering Knicks fan — a bud had season tickets during the Ewing-Oakley-Starks era — I appreciate good bball, and this is sure to deliver that.Now that IS scary!
We all need a laugh.
Risk management Banking internal controls style:
A late night at a 4 star Singapore hotel:
Beware drunk ordering!
A census worker comes to the door:
see more Lolcats and funny pictures
Never make a deal with the Devil, it never works out:
see more Lolcats and funny pictures
A couple of clips for your perusal.
My favorite scene of "Revenge of the Sith":
The darkside rules and jedi drool.
For a real laugh, try out the parade scene from "Stripes":
Let's do this, LEEROY JENKINS!!!!!!!!!!
I am not a Jazz type, but reader Lurker is not one to make a bad request so I tried out Benny Goodman and "One O' Clock Jump" and while I am still not a jazz fan, it was cool to see the whole show:
Reader Gawains tends to pick some of the great guitar songs that exist and thus I offer Mountain and "Mississippi Queen":
One of may favorite older bands is Bachman Turner Overdrive. Maybe my favorite is "Let it Ride":
"You can't see the morning, but I can see the light". Nice!
Just in case you missed it the last TWO times I played it, here is a really great tune by Droge and Summers named "Two of the Lucky Ones". Make sure you turn it up to hear the background vocal support, too pretty:
A newer from Ozzy was "I Just Want You" and the lyrics here are pretty provoking:
"I'm sick and tired of being sick and tired, I used to go to bed all high and wired".
Two more but That really has to be it!
So you know I do not HATE all new music, I have to admit this song by Nelly Furtado really sticks on you. Do not listen to if you hate having songs stuck in your head!! If you dare, try out "Say it Right":
She is cute too!
Last call! Have enough beer for the evening? Check. Anything on TV to watch. Nope. It is what it is.
Closing the show with the classic Bon Jovi "Livin on a Prayer" which just never gets old!:
Close second was this which I always play!
Have a good night.