The more things change…
I have no fucking idea how deep a hole we’re in or how to fix it (which means that one blogger who is being totally honest with you today is a weasel).
I do know this: the regular capitalist cycles of boom and bust correspond — not coincidentally — with each new generation of wet-behind-the-ears smarty-pantses in the financial sector. “The market is going up! We’re geniuses! And it’s going to last forever!”
And then they all get hit by a bus and die. Metaphorically speaking, of course.
The UK Labour Party actually declared — more than once — that they had vanquished the market cycle, and there would be no more boom and bust. No shit. Uncle B always tells me that story when I’m in a god American are politicians morons sort of funk. And then we laugh and laugh.
Me, I’m an optimist. I think the American economy is still incredibly resiliant, despite everything, and will rebound (relatively) quickly. Uncle B is a pessimist, and is less sure of that. I’m just posting this so that, a year from now, one of us can point at the other and laugh rudely.
I understand really successful relationships are based on this kind of give and take.
WaMu Recognized as Top Diverse Employer—Again
Company ranks in top ten of Hispanic Business’ Diversity Elite and earns perfect score on the Human Rights Campaign’s Corporate Equality Index