idle chit chat across the time zones
From: J
Sent: Fri, May 27, 2011 6:09:33 PM
Subject: Re: Comments - Week of May 23
my friend who makes a living engaging with usa and latin american family offices on shared deals noted, and i quote exactly
From: s
To: J
Sent: Fri, May 27, 2011 7:04:38 AM
Subject: Re: reads
It is continually frustrating to me that the elite of the western world's governing classes have gone completely barking mad. And that they are in such denial about the need to call a pause in the growth of entitlement programs.
Feeling a little poor today is much better than being completely out of business in a couple of years! And in the end, that "could have been richer" feeling only lasts a little while, and then you feel good about being in control of your destiny.
But then again, many of my contemporaries here in California still argue that the public schools are still great, interest rates are low, and home values will soon be heading up again. None is likely to be true in the next few years.......A and I are happy renters, and I have my kids in private school. Both expensive, both worth it for now. Enough said.
The freeways are noticeably rougher to drive around San Francisco, and road budgets are getting chopped. Literally, signs of a rougher ride to come. But the sun is still warm, the food is all organic, and I am lucky to have a way to earn a living that doesn't depend on California or the US!
Life is not gloom and doom, even if the markets feel that way.
How is your family doing?
S
From: M
Sent: Fri, May 27, 2011 11:20:34 AM
Subject: Re: Comments - Week of May 23
My friend Mark noted:
Want to know why America is in trouble?
Today, the three above the fold headlines in the Money & Investing section of the WSJ.
1) Foreign Powers Face U.S. Clampdown
2) Companies in Tussle over Data with IRS
3) More Subpoenas Fly in Foreclosure Probe.
--
WSJ should change name of section to "Who they're coming for today".
And we wonder why on the front page of the WSJ we see the headline
"U.S falls behind in Stock Listings"... |
