New Year, New Things

The days pass, these four since the start of 2012, and one can already see the patterns and future assembling ahead.

For example, take a gander at the following over at the London Telegraph:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8987846/Ambrose-Evans-Pritchard-2012-could-be-the-year-Germany-lets-the-euro-die.html

Other than bluntly stating that our economic elevator is about to break loose of its cables and begin its descent, it casually mentions--while discussing unemployment in certain countries--that the American 'labor participation rate' (i.e., actual unemployment) is at a Depression level of 64%. Won't hear that in the American press will you?

Was talking with a Division Vice President with one of the large investment banks this morning, and they're having their clients accounts 'positioned' @ 30-50% cash. I'm tellin' you, hang on to your money. And that's 'cause nobody has any.

D-2 bought a replacement vehicle for the one totalled three weeks ago when she was T-boned. All these years, we were frugal and drove sensible, affordable cars which lacked allure, and now she has a Mercedes C Class. She's not even 25. So much for hanging onto your money.

Have a hearing in Savannah tomorrow afternoon, so I'll be driving down in the morning. Our frigid temperatures in the 'teens are supposed to moderate upwards into the 60's come Friday. This yo-yo of climate is guaranteed to get people sick.

But the world progresses at a steady pace into this new year. The Imams of the Right have held their Festival of Righteousness in Iowa, and now the beast slouches towards Bethle---[ahem]--New Hampshire and South Carolina.