capitalism *is* fun :-)

Well, I was reading the latest issue of  The Economist and noticed nice link to howispentmystimulus.com. Looking at what people bought with that money almost made me cry. Poor people where helped out by the stimulus to buy those everyday necessities. Let’s name a few:
- a gas guzzling SUV
- cat dentist (???)
- Runescape player upgrade account (everyone needs one, really)
- guns!
- vacation to Mexico
- Las Vegas (really, this one couldn’t have been missed)
and so on. Visit the site and enjoy. Those poor guys.
I think those checks stimulated something else then the economy. Let’s hope that next time, Ben the helicopter Bernanke will decide to to throw the dollars straight from a bio-fuel powered helicopter, and save a couple of thousands of trees that were used to make the paper on which the checks were printed.

I love the way politics work. They are like a retail store offering a 5% rebate on a 50% overpriced product. From the 2 sides of the coin, people always see the side which has the 5% rebate printed on it, and cheer along.

With crude oil hitting a new record, of over $138, every newspaper and the entire media are out for finding the new guilty ones. OPEC, governments with taxes, little green men, etc. Face it people. We are almost 7 billion, chewing on limited amounts of the black stuff.

I got to watch "The Mist", based on a novel by Steven Hawking. I suggest you watch it. Underneath the cover of a horror movie, it actually does a wonderful and subtle job of showing how people react when confronted with dangerous situations. Watch the movie, and observe the similarities with the actual world we live in.

Cheer up. My investment portfolio is up 5% for this year. Things don’t look that bad.