Saturday, February 28, 2009

The End Of The Shortest Month Of The Year


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com


The End Of The Shortest Month Of The Year

I remember when I was a young boy in Iowa that people were talking about a neighbor who was born on February 29. Instead of having a birthday every year she only had a birthday every four years. One fourth of the years in her age. One fourth of the birthdays. Aging at only 25% of the rest of us. How nice. Of course that never really happened. In fact she actually lived one day longer than all of the people not born on February 29th.

I have now lived in Colorado for 39 years and each year I marvel at the fact that when the rest of the world is having spring Colorado has the snowiest month of the entire year. So tomorrow I get to wake up again in Colorado and only have to look forward to having more snow in March than we have in any other month. I think that I could live without that but in Summit County we actually grow snow and tourists and people on spring break from all over the United States. I can always look forward to April which in my opinion is the muddiest month of the year. Can't win for losing. g

Friday, February 27, 2009

Another Day In Paradise


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

Another Day In Paradise

I got off work at the Summit Community Care Clinic at 1 pm today just about the time a huge blizzard roared through the county. I had zero visibility at the curves by Lake Dillon 1/2 mile north of my house. We have a new road there and I am not that familiar with where it goes from two lanes to four lanes especially when I can't see anything in the first place. That is where Tom Hart almost died a couple of years ago. A car veered into his lane and did a head on with Tom. He is OK now. I told him that I think of him twice a day each time I drive by his former accident scene. He credits his life to Jeff Berino a Lake Dillon Assistant Fire Chief who was in the car right behind him. I hope that Jeff follows me around every where I go.

By the way one hour later the sun was out and the temperature was over forty. Springtime in the Rockies. Another Day In Paradise. g

Thursday, February 26, 2009

It Only Makes Sense


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

It Only Makes Sense

This past week there have been several stories about weight loss studies. In summary they all say the same thing. Eat less. Duh. The diets can be low carb, high carb, low sugar, high sugar, low cal, high cal and the lesson is the same. If you eat less you will weigh less.

The study had subjects eat four different diets but all had nearly 800 calories a day less than normal. They also had to do moderate exercise for 90 minutes a week. Everyone lost weight regardless of what they ate. Everyone lost weight because they ate less.

There is no magic bullet so save your money. Buy a padlock for your refrigerator. Stay away from restaurants.

One other factor was being in a group weight loss setting helps to motivate the dieter.

So the bottom line is that size does matter. The size of your meal that is. g

Wednesday, February 25, 2009

Five Clicks To The Left of Left Of Center


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

About Five Clicks Left of Left of Center

My mother really believed that she was the only Democrat in Rockwell City, Iowa or in all of Calhoun County if the truth were known. She usually did not talk about politics but I remember growing up knowing that she was a Democrat.

My father on the other hand was apolitical. I remember when Harold Hughes was the Democratic Governor of Iowa. He came to Rockwell City to speak and my dad as the custodian of the school had to open the building for him. My dad came home that night bragging about how the room was empty and that Governor Ray was very upset that no one showed up.

The Governor was from Ida Grove west of Rockwell City so he probably thought that he had at least one friend there. Apparently he did not.

I remember in 1964 watching Governor Scranton of Pennsylvania riding in an open convertible in Fort Dodge during the campaign. Hardly anyone was in that crowd either. Iowa and the presidential campaign has come a long way since then.

I registered as a Democrat in 1964 after I came back from the cold war in Europe at the ripe old age of 22. I have been a Democrat most of the time since except for the period when I lost my mind and became a Republican at the insistence of my Republican Sheriff who was my boss. I changed that as soon as I could after that.

I consider myself to be five clicks to the left of left of center. It always bothers people when they find out that I am a retired police officer and how I am in favor of strict gun control and that we should legalize marijuana. I hate stereotypes. g

Tuesday, February 24, 2009

What's Up With This?


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

So What's Up With That?

Just heard that foreclosures were way down in Colorado last year. I guess that Colorado has not heard about the recession yet.

A personal pet peeve.

I always hear about the top cop. The top cop is the Sheriff. The top cop is the Chief of Police in the biggest city. The top cop is the District Attorney. The top cop is the Attorney General. The top cop is the Director of Public Safety.

You know what folks. The top cop is any man or woman with enough guts to put on a uniform, a badge and a gun and goes out into the dark of night to protect your butt. It is none of the above. They are all elected officials or bureaucrats and have never even worked a patrol shift anywhere.

Let's stop calling those other guys the top cop. Most are not the top or a cop. g

Monday, February 23, 2009

Tell Me It Ain't So


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

Tell Me It Ain't So

Hidden in the morning news on NPR from Greeley this morning is a ray of hope. Apparently the Breckenridge Resort Association had anticipated a 15% downturn in the occupancy rate in Breckenridge this year. The latest numbers indicate that it only dropped 8%. Amazing.

I guess my "Sit by the road in my care waiting to make a left turn on Highway 9 method of indicating the business trends" really works. g

Saturday, February 21, 2009

Hard To Believe


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

Hard To Believe

The forum today went well. Saw former Senator Ken Gordon, Representative Fisher from Fort Collins, Representative McGihon from Denver and Senator Newell from South Denver. Nice to know that these people support the Sierra Club and the Audubon Society. Lots of discussion about the economy and how that will impact environmental programs. Jobs trump the environment.

Listened to talk radio to and from Denver and the big buzz is that the Republicans who voted against the stimulus package have now sent newsletters and messages to their constituents telling them how much the package will bring to their local areas while taking credit for all of that. Damn politicians anyway. g

Friday, February 20, 2009

Legislative Forum


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

Legislative Forum

Tomorrow I am participating as the Legislative Chair of the Rocky Mountain Chapter of the Sierra Club in a Legislative Forum sponsored by the Audubon Society in Denver.

There will be a discussion on current legislation and how it impacts our environment and wildlife habitat.

It seems that everyone's focus is more on the economy than on the environment.

Or maybe that is trick to see if we are paying attention. g

Thursday, February 19, 2009

Let It Snow


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

Let It Snow



After living here for nearly 40 years I have come to be bored to death by snow. The only impact it has on my life today is my apparent lack of ability to get in and out of my garage. I skied every day for the first many years I was here but as I got older and the crowds got bigger I decided to not venture out into the fray.

But, much as corn is important to my native state of Iowa, snow is important to my adopted state of Colorado. We do not grow corn but we do farm snow. We plow it into huge piles of dollars that fuel our economy.

The recent buzz among the mindless letter writers to the local paper is that the Breckenridge Ski Area must expand due to increased pressure of the number of skiers. Hard to imagine but Breckenridge serves double the number of skiers of Vail on half the terrain. Not that Vail is a bad ski area but it is one more pass away from Denver.

Every weekend traffic is backed up for over 80 miles with skiers trying to get to the Summit County Resorts of Arapaho Basin, Keystone, Breckenridge and Copper Mountain. Those four resorts ski more people than the entire state of Utah.

Our crop has reached harvest time. g

Wednesday, February 18, 2009

Just When You Thought It Would Be Safe


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com



Just When You Thought It Would Be Safe

The President comes to Denver and signs the stimulus bill and the stock market drops over 300 points to a point not seen in five years.

The auto companies come out with new requests for bailout money. That is a huge joke. They could be bailed out until the cows come home and it will not help unless people buy cars. The people will not buy cars for many months or maybe even years. I think that the automakers think this is some kind of entitlement program. Social security for car manufacturers.

And the most critical thing is that the state of California is broke and is $42 billion behind the curve today. The Democrats want to raise taxes and cut services to catch up. The Republicans want to reduce taxes and let the free market fix the problem. I guess the Republicans still don't know that the free market is gone and that cutting taxes never did work except for the rich guys.

Great comedy relief to watch their legislators discuss how they have had to stay at the capitol 24 hours a day for the past week.

Where is the Terminator when you really need him?

If California was a stand alone country it would be the 8th largest economy in the world. Imagine that? Now take a look at the size of their problem. g

Tuesday, February 17, 2009

It Gets Stranger and Stranger


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

It Just Get Stranger and Stranger

This morning I was listening to some commentaries by financial folks from New York on the economy. One thing that came up was that there were six Democrats in the House that voted against the stimulus package. Some did it because it was too expensive and others did it because Obama changed the plan to include tax cuts and remove job creation to get Republican support. Of course even with those changes there was no Republican support. The issue was that since Reagan tax cuts were used to try to boost the economy and it has never worked. The tax cuts went to the wealthy and the poor worker bees lost in that deal.

We need to create jobs and not create tax cuts. We need to build things to create jobs. We need to get the money to the people and not the executives. Even the transportation peice was cut in favor of the incentives to the Republicans by giving them tax cuts.

Never trust a Republican but never take your eyes off a Demcrat who thinks that he can convince Republicans to do something for tax cuts. It ain't happening. g

Monday, February 16, 2009

Trump Says It So Is It True?


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

Trump Says It So Is It True?



There are reports that Donald Trump is telling people that we are, in fact, in a depression. So does that make it true?

Most of the reports that I have read indicate that we are now in the seventh worst recession since the depression. Seven away is not even close in my book. But then I am not an economist. I only teach that stuff.

The average age of my students is around 18-20 so they can't relate to the term recession let alone depression.

Maybe if we pop a couple of anti-depressants it will take care of the problem and maybe even take care of the Donald. g

Sunday, February 15, 2009

I Am Going To Stop Watching The News


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com


I Am Going To Stop Watching The News

I normally spend Sundays in Boulder visiting my wife who has been in a nursing home for the past nine years. It is not always easy to drive in the Sunday traffic or to put up with the bad weather but it is always a nice change to get out of the county.

I also get away from the TV and the news.

Some days my jaw starts to hurt from grinding my teeth listening to all of the commentaries about the idiots running our banks and government.

I think that one of my mistakes is to get home early enough to watch 60 minutes just long enough to get my blood pressure up. I do like it when they talk to normal people and ask what they think about our problems and ask what they would do to get us out of the mess. Most of the time they say to get the government out of the business and let the people run things using common sense rather than some bureaucracy back east on Wall Street or in Washington DC. Ah, out of the mouths of common citizens. Such wisdom.

Andy Rooney tonight talked about how the new Treasury Secretary can't speak English and how he need to dumb down his speech. Good advice as usual Andy. For an old guy you are a breath of fresh air on a Sunday. g

Saturday, February 14, 2009

Standing By The Mailbox


Happy Valentine's Day everyone. I hope that you have someone near and dear to give a hug to and a big wet, sloppy kiss also.

I really enjoy National Public Radio. We have three or four stations here in Colorado and I can listen to all of them either over the air or off the local translator through Summit Public Radio. I call it radio for the mind. I can also get three Public Radio Stations over my XM Satellite Radio. One is a new one since they merged with Sirius and it is called simply NPR. The other one is XM Public Radio where Bob Edwards works and it is mostly WNYC from New York City but they also carry WNBR from Boston and another one from Santa Monica in California. Isn't it nice to live in the digital age?

When I moved to the mountains of Colorado in 1974 we only had one radio station here. KLGT in Breckenridge operated by Robin Theobald. I even worked for that station selling advertising in May of 1976. Rumor has it that LGT stood for Lois G. Theobald the mother of Robin. That station has changed hands many times and is now KSMT, Mountain Radio. We even have our own over the air public radio now in Dillon. I never listen to any of the local stations anymore. Most do not have any news and I am a new addict.

Speaking of news the stimulus package passed congress and how is on the desk of President Obama. I might go out to the mailbox around noon and wait for the mail lady (oxymoron?) to see if my check is there. If not I can take tomorrow off but can be there bright and early on Monday to wait again for my share of the nearly $800 Billion. That is $800,000,000,000. Lots of zeros. Hope that it is not a lot of zeros for our economy.

I spent the entire week teaching my three classes, World History, Sociology II and American Government how we are now printing money to give away so that they can all pay for it for the rest of their life. I am not sure if they wanted to believe me. I am not sure that I wanted to believe me. g

Friday, February 13, 2009

Whoops. There We Go Again.


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

Whoops. There We Go Again



From the New York Times this morning.

"WASHINGTON — Senator Judd Gregg of New Hampshire abruptly withdrew Thursday as the nominee for commerce secretary, saying he had "irresolvable conflicts" with President Obama over his economic stimulus plan and a concern over what many fellow Republicans believe is the politicization of the 2010 census."

I think it is a test of sanity. No one in their right mind would ever want to work in Washington D.C. but even worse is to be on the President's Cabinet.

My hat's off to Senator Gregg and his decision to withdraw his name from consideration for Commerce Secretary. I am not sure that I agree with his rationale but I am sure that he had an epiphany (Epiphany: the sudden realization or comprehension of the essence or meaning of something) early one morning recently and woke up in a cold sweat about telling President Obama that he agreed to be his Commerce Secretary.

The President is once again looking for a Commerce Secretary and continues to search for a Health and Human Services Secretary.

I wonder if President Obama suddenly feels like General George Custer at the Little Big Horn and wants to know where everyone went all of a sudden. g

Thursday, February 12, 2009

Strange But True


Summit County. Colorado

Gary Lindstrom gary@garylindstrom.com

Strange But True


For the past couple of weeks I have been following a news story about the Pope. We all know that he is German and was a member of the Nazi youth as a child.

A few weeks ago he pardoned some Bishops who opening proclaimed that the Holocaust did not occur. In addition the Bishops were saying that the Catholic Church was not following the bible by not having an aggressive program to covert Jews to Christians.

The American Defense League will be chatting with the Pope in Rome today about his pardon and wanting to know if the Pope believes as the Bishops do about the Holocaust not happening.

I can't believe that this discussion is occurring in the year 2009. It has been proven beyond any doubt that the Holocaust did occur and that eight million Jews died in the camps during world war II.

I wonder if the Pope and the Bishops have ever considered that Jesus was a Jew. In the bible he is called Rabbi.

Stay tuned. I am sure there is more to come. g

Wednesday, February 11, 2009

Beware Of What You Wish For


Summit County, Colorado

Gary Lindstrom gary@garylindstrom.com

Beware Of What You Wish For



My computer and my Blackberry were nearly on fire today with news reports that the Senate had approved the Obama stimulus bill and then that a compromise had been reached with the House later in the day.

I wish this well and hope beyond all hope that it will do what people want it to do. But I can almost hear the rustle of the
carpetbaggers shuffling in the background figuring out some way to get their grimy hands on the dough once again.

I was reminded again today that the road to hell is paved with good intentions. Again I truly wish that I had the answer but I don't.

There was an old TV show many years ago where they had a "Way Back Machine" that allowed people to go back to a better time. Maybe we could buy one for $789 billion.

By the way for those of you who have never looked at the number that is 789 thousand million dollars. $789,000,000,000. Hurts my old eyes. Gives "Buddy can you spare a dime" a whole new meaning. g

Tuesday, February 10, 2009

Israel The Land Of The Not So Free


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com


Israel The Land Of The Not So Free


Today is the General Election in Israel. Israel has a Parliament and is structured much the same as England. The head of the party getting the most votes becomes the Prime Minister (President). The ruling party is always made up of a coalition of many parties who come together on some issue that they all can support. It always looks chaotic but it seems to work.

This morning the political pundents in Israel are talking about how the election is really "Us and Them." What it comes down to are the people who supported the recent war against Hamas and those who did not. There is a percentage of voters and citizens in Israel who are not Jewish and are Arab. They did not support the war for obvious reasons and are now being singled out as traitors by the Conservative party in the election. The Conservatives are saying that the Arabs do no have a right to vote or to participate because they are not Jewish. The supporters of Arab rights are saying that this is racist and undemocratic. I would agree. I always thought that Israel was a democracy where people from all over the world had come to live together in peace.

By the way I supported the attacks against Hamas and felt the government of Israel was more than justified to wage that war.

I think we need to keep an eye on what happens today in the election. There could be a dramatic change in what we had come to support for the past fifty years. g

Monday, February 9, 2009

Springtime In The Rockies


Summit County, Colorado

Gary Lindstrom gary@garylindstrom.com

Springtime in The Rockies


I was greeted early this morning by high winds causing my roof to creak and moan. Whenever a new front comes through the wind blows off the lake near my house. It does not normally bring any weather to speak of but it will always brings either colder or warmer temperatures.

I have lived in the mountains of Colorado for the past 35 years and have never remembered the wind blowing so hard. I lived in Golden for a couple of years and the wind never stopped blowing there. It was part of every day but here in the mountains it always seemed as though the wind would blow over us and never on us. I could always watch the snow blowing off the Gore Range or the Continental Divide with wide long wisps of snow that would sometimes seem to be miles long but never here in the valley.

I guess I have become my father and my grandfather now telling old man weather stories. g

Sunday, February 8, 2009

All The News That Is


Summit County, Colorado
Gary Lindstrom gary@garylindstrom.com

All The News That Is

This morning is like deja vu all over again.

Hugo Chavez apparently has a slight majority in favor of removing term limits for him and all elected officials is Venezuela. I have always liked term limits. It keeps people like Hugo Chavez from having an office for life. Works at the state and local level too. Colorado even passed a law putting term limits on the US House and Senate but the US Supreme Court overruled it saying that states can't tell the Federal Government what to do. Can we expect the opposite and require the Federal Government not to tell states what to do. Of course not. That would be fair and we can't have fair.

A local letter writer this morning said that he had decided that the Obama honeymoon was over and it was time to attack. Short honeymoon I guess. I am sure that Hugo Chavez would say the honeymoon is over too.

Greenwood Village has banned coyotes and they can now be shot on sight. I beg the question as to who was there first? I think the coyotes trump the millionaires. I guess the millionaires would say the honeymoon is over. I would bet that Hugo Chavez would shoot the coyotes too.

I got an e mail this morning from someone in Argentina asking if I would be interested in buying their house in Patagonia for a mere $4 million. I wrote back and told him to contact Hugo Chavez because I would bet that he has $4 million. g

Saturday, February 7, 2009

Let's Blame George Washington


Summit County, Colorado

Gary Lindstrom gary@garylindstrom.com

Let's Blame George Washington


President Barack Obama has been in office a little over two weeks and he is being blamed for every bad thing that has happened in history.

The Republicans are blaming the Democrats and the Democrats are blaming the Republicans.

God save the President.

I teach American History, American Government and Political Science at the college level and have for the past 38 years. Anyone who blames a President who has been in office for a little over two weeks for anything is just plain stupid regardless of their political party.

Economists are now saying that Ronald Reagan deregulating the banking industry is really at blame for the current mess. They say that his adhearance to a strict free market philosophy has now come home to roost.

When Bill Clinton was President we had the very best economy ever in the history of the country. Our national debt went way down and the deficit was managable.

When George W. was president we reached new highs in the debt and deficit. He took office to the best economy ever and left it in shambles.

Ronald Reagan had eight years to screw it up. Bill Clinton had eight years to straighten it out. George W. had eight years to put in in the worst shape ever.

And now the whackos of the world want to blame Obama for screwing it up in a little over two weeks. Shame on the whackos.

I keep thinking about the bumper sticker that says, "When Clinton Lied No One Died." Bill Clinton had sex in the White House and lied about it to the people. Shame on him. George Bush lied about weapons of mass distruction and over 4000 (and counting) American boys and girls have died. Shame on him.

I told my World History class this week about people believing that when we pulled out of Viet Nam in 1975 that Viet Nam and the world would go to hell. The day after we pulled out it was business as usual and today Viet Nam is one of the strongest economies in the world. When we pulled out the war stopped. When we pulled out the economy got better. When we stopped screwing with things everything improve.

Why can't we start learning from history? We should not blame Obama any more than we should blame George Washington. g

Friday, February 6, 2009

Jobs, Education and Health care


Summit County, Colorado

Jobs, Education and Health care


I can hardly read the news or watch TV the past couple of days. Once again our elected officials have missed the point.

To stimulate the economy we need to spend money on three things and three things only. Jobs, Education and Health care must be the priorities.

It is not about transportation or banking or bonuses. It is about people.

What is so hard about this?

If it is a new tax or a new fee then that takes money out of the pocket of the people.

Let's enhance the economy by providing Jobs, Education and Health care. That is an investment in the future. All three will have a short term and long term impact on our economy.

Examine everything that is being considered or proposed. If it does not directly have a positive impact on the individual then it is not a good thing. Plain and simple?

There will be a test at the next election. g

Thursday, February 5, 2009

I Got A Call Today From A Headhunter


Summit County, Colorado

I Got A Call Today From A Headhunter

The phone rang and a perfectly delightful young lady began to bubble effervescently over the phone. She was asking me if I had any jobs open. She was a headhunter with lots of heads to place.

She really knew what she was doing. In a matter of minutes she had extracted names and phone numbers from me of potential employers for her heads. Heads that she had hunted and now had no place to put the heads.

Imagine some anthropologist reading this one hundred years from now and getting very confused about a woman on the phone trying to place heads. Her heads. Heads that needed jobs.

If my head was on the market I would want her to be working on my behalf. My head would not go without a job for very long with her on the job. g

Wednesday, February 4, 2009

I Wonder If Someday We Will Not Be Allowed To Breathe


Summit County, Colorado

I Wonder If Someday We Will Not Be Allowed To Breathe


I led the charge to ban smoking in public places in Summit County several years ago. I went on to the State Legislature where I helped ban smoking in public places in all of Colorado.

Today I attended a public forum to ban smoking on any College Property outdoors. The purpose of this is to eliminate the smoke drifting into the buildings from smokers just outside the doors.

Several months ago the Colorado State Board of Education banned the sale of any sugar products in vending machines in schools including soft drinks.

Today the State Transportation Committee in the House passed a bill banning the use of cell phones in cars.

When I got home tonight from teaching I had to go to the bathroom and I wondered if someday I would not be able to do that either.

Beware of what you ask for because you are liable to get it. g

Tuesday, February 3, 2009

It Is Not About The Taxes. It Is About Telling The Truth.


Summit County, Colorado

It Is Not About The Taxes. It Is About Telling The Truth.

Just for the record I have always paid my taxes. I have often thought that I paid too much just in case someone might think that I did not pay enough. I sleep well at night. Should I dust off my resume' and send it to President Obama?

After the same thing has happened every election cycle for the past twenty years why would any intelligent man or woman expect to be hired for a high ranking office and not be vetted concerning payment of taxes? There is a very large microscope looking at everyone and everything about everyone who even wants to take a Grey Line Tour of the Capitol. These people are just plain stupid.

My old friend Pete who was our DA for a while here told me once that no one can withstand a close examination of their life. There is bound to be something that will upset someone.

Pete was right but why did these folks start out believing they could get away with it? g

Monday, February 2, 2009

Mayberry On Steroids


Other than one or two new wars breaking out all over the planet it is a pretty quiet day.

It is especially nice here in the Colorado High Country.

We continue to be blessed with warm, sunny days and cold nights. The warm, sunny days for those of us who abhor the cold and the cold nights to keep the snow from melting on the mountains. Nice little dichotomy if you ask me.

I have lived in the mountains since 1974 and have always thought of this place as Disneyland with altitude. A good friend used to call it "Mayberry on Steroids" when we were going through the big housing booms.

I have always like the "in between times" when the tourists would go away and we would be left with a quiet mountain valley full of some very nice people. g

Sunday, February 1, 2009

It Is Your Fault


Summit County, Colorado

It Is Your Fault

I get up around 3 am or 4 am every morning including Saturday and Sunday. I go to bed at 9 pm so it all works out.

Early this morning I was listening to an interview with Paul Krugman the Nobel Laureate and Economics Professor at Princeton. He attributes the economic downturn to the teachings of Ayn Ryan and the fact that Alan Greenspan followed her in his economic policy. He said that Friedman was warned about the sub-prime housing market and did nothing thinking that it was another boon to the free market.

When asked why even the best economists missed the seriousness of the downturn he said that economists had not considered some organizations as banks. He now defines a bank as any organization that receives and holds funds for investors. Duh.

He too blames the people for not insisting on more regulation of all lending companies. The people were more than happy getting a 10% to 20% appreciation on their housing values each year without wondering where the appreciation was coming from. There was no real value there and we all missed that very important piece.

So according to Krugman if you want to get angry about the economy get angry with the sap looking at you in the bathroom mirror every morning.

I love to think in metaphors or create analogies. This one would be getting in a car wreck and totalling your car. An economist would come up and look at you and the wreck and then tell you to get back in the same car and keep driving it because it is now OK. It is not OK. g