Guardian published an interesting list of 25 people it the heart of the meltdown listing 25 individuals and entities who (in their opinion) had a hand in our current economic situation. As indicated in the comments to the article, not everyone agrees with their choices which include Alan Greenspan, Bill Clinton, George W. Bush and others. Other people think that Ronald Reagan, Margaret Thatcher and Milton Freedman deserve to be included as well.
My favorite nominee – American and British Public:
There’s no escaping the fact: politicians might have teed up the financial system and failed to police it properly and Wall Street’s greedy bankers might have got carried away with the riches they could generate, but if millions of Americans had just realized they were borrowing more than they could repay then we would not be in this mess. The British public got just as carried away. We are the credit junkies of Europe and many of our problems could easily have been avoided if we had been more sensible and just said no.
To that I add overly-encouraging real estate agents, overestimating appraisers, extra-helpful mortgage brokers and anyone who profited on these loans. The reason the scheme worked is that it was structured as a multi-level-marketing pyramid with profits multiplying at the top, while the bottom supplied new applicants. These were the members of the public too, just as guilty as the rest.
I wrote about it earlier, but some years ago I was predicting this collapse when it still sounded a lot like conspiracy theory and I’d like to be included in the list of people who saw this coming. I guess I am always pessimistic (and defeatist) anyway so my predictions didn’t sound out of character.Right now my pessimistic worldview tells me that no one knows how to get out of the crisis. Many qualified people offer solutions both in academia and business but any action would be experimental, and I can only hope it will be easy on the test subjects.
In the meantime I’d like to wish all victims of the economic crimes, especially local Sprint employees, good luck. Every day I think about what would happen if I lose my job and nothing encouraging comes to mind, so I feel for the people who have to make these choices today, on someone else’s terms, in this economy. There is no question your company was mismanaged and robbed and it’s not your fault (unless you are the one who did the mismanaging and robbing, then it’s your fault, I hope you invested with Madoff). I hope you will find something soon, a secure well-paying job where your talents will be appreciated. You’ll be better off even if the pay is not the same. Good luck!
All soldiers take photos, some of them are not pretty. If I said that only Germans enjoyed taking especially cruel and gruesome photos, I would not be very honest, having seen some of the images from the wars that followed, including Iraq. When I saw a link to an expired Ebay auction where these photos were sold for over a $1000, I just thought I’ll do my part of posting them for nothing. No matter how ugly, they have some historic value and for many people in them, these photos may have been their one chance to be seen by the future generations.
Caution: Some of the photos below are gruesome, it’s your choice to look at them.
I’ve always wanted to drive along the Pacific Coast. Many times at work I would look at the breathtaking images taken from the California State Route 1 and make a mental note to make it there, so I can add my own photographs to the enormous pile that already exists. So as soon as we got off the train we proceeded to rent a car and spend the next 36 hours exploring the Coast, Monterey, Big Sur an everything in between. We returned the car the 450 miles later, 450 miles of the best-looking scenic drive in the country. Even though we had to hurry through the area pressed by the vacation plans, we weren’t disappointed. We drove through a cloud, ate ice cream in Santa Cruz, spent a night in Monterey where we visited the Cannery Row and the best Aquarium in the country, stopped to take photos of elephant seals and a waterfall. But most of all it was about enjoying the view and loving the ride.
On the unrelated note, cars that don’t use ignition keys are highly overrated and annoying. I hope it’s not a trend.
The Jewish Holiday of Passover is coming up and many of you are seeing boxes of matzos piled somewhere in a more visible location than usual in your grocery store.
The truth is, matzos are sold year round in most stores and despite having only two ingredients they are as delicious as any plain crackers, made in a clean controlled environment by the guys who wash their hands and don’t masturbate on Saturdays (maybe not at all, but not on Saturdays for sure).
I wrote before how my Dad went to buy matzos at the only remaining synagogue in our city and we ate them for the rest of the year. Now that synagogue looks like this (photos taken from here):
Odessa Synagogue from the FrontOdessa Synagogue From the Back
There is no reason why you, my non-Jewish readers, should be deprived of matzos and tasty things you can make out of them. By the way, the alternate title of this post was “What would Jesus eat?”, because Jesus was Jewish, he celebrated Passover and ate matzos.
In this post you will learn how to make a matzo omelet, ormatzo-brei or, as we call it, matzo-babka. For this recipe you will need 3-4 sheets of matzos, 2 eggs, pinch of salt and a small amount of butter.
Boil some water, you will need less than a cup. Break matzo in small pieces, it crumbles and breaks easily. Don’t try to pulverize it, just break it up.
Pour some hot water over it, just enough to soften up the matzo pieces so they are not crunchy. All the water should ideally soak in, so don’t pour too much, there shouldn’t be any standing water on the bottom of the bowl, toss the matzos until all the water is absorbed. Let it sit for a few minutes.
Mix up a couple of eggs with a fork.
Pour of the matzos and mix, add salt to taste.
Melt a tablespoon of butter in the skillet. Pour the mixture into the skillet, spread it out evenly and cover.
Cook on medium-low for 4-5 minutes. Now if you think you are the next Food Network star you can try to flip the whole thing, I just cut it in four pieces with a spatula and flip each piece individually.
Cook for another 3-4 minutes uncovered, for the first few times (and I know there will be many more) keep an eye on the babka to make sure it doesn’t burn.
You can serve it as savory dish, side dish or breakfast…
…but it also tastes great with honey, syrup and jelly.
There are multiple other recipes with onions, mushrooms and other additions, but just like the matzos are made only with flour and water, I don’t feel anything else is necessary here. It’s hard to improve on perfection.
Matzos can stay on your counter forever, or close to it. They might get a little stale but I guarantee you will eat the whole box before it ever happens. They are good in soups, or as a snack and in always popular with women matzo-babka.
Guardian published an interesting list of 25 people it the heart of the meltdown listing 25 individuals and entities who (in their opinion) had a hand in our current economic situation. As indicated in the comments to the article, not everyone agrees with their choices which include Alan Greenspan, Bill Clinton, George W. Bush and others. Other people think that Ronald Reagan, Margaret Thatcher and Milton Freedman deserve to be included as well.
