Monday, September 29, 2008

- 777.7

It's hard to come with a decent commentary on what happened yesterday. Instead of moving towards socialisam we moved from bad to worse. Globally we will all be worse now. That's kind of socialism too. An interesting analysis of the vote is on http://voices.washingtonpost.com/thefix/2008/09/the_failure_of_the_financial.html?hpid=topnews
Disbelief and fear is what I felt watching voting on BBC World - the only decent channel I have on my cable here (no CNN, CNBC). I was sure that the bill would be passed and rationality prevail. Next to TV I watched cnn.live.com. on my laptop and thought it's a bad joke when after not passing the bill the Congress started to voting about commemorative coins. Maybe they can commemorate 777.7 drop. Easy to mint.
At the moment I watch Asia going down. At least banks in Asia are no going bankrupt -today. Markets pounding is expected in Europe. Have no idea what awaits me at work this morning - but at least I still have a job.
I am appalled by Congress reps' absence of logic and inability to grasp facts. Or so many have voted "No" because there were no earmarks? If that's how "true democracy" works I am in a very democratic country now. By the way Yushenko is in Washington.

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