2008-10-08

The Sisyphus Journals, 2008, Part I

Parlez-vous francais? Non!


First, I have to place fair - albeit garbled - warning upfront, to our most kind hostess: Mme de lis.

Second, I too share - in fact I think it is clear the world shares - in the anxiety about what will happen next in our credit and financial markets. The incompetence of the Bush Administration is legendary after eight years and the idea that any act they could take would "restore confidence" would be laughable - were the stakes not so high. We all hope for an emergency act of Congress that moves Inauguration Day a pres Thanksgiving Day, so that we might shuffle this insane and incompetent administration off its remaining bearings.

Baring that, I turn almost daily to the Center for American Progress, as these are the representatives of the "administration in waiting". Think tanks have proliferated in recent years as home away from home for politicians and policy apparatchiks, who are in disfavor with one administration or the other. Here is part of what CAP has to say on the bailout: http://www.americanprogress.org/issues/2008/10/rescue_package.html

Assuredly, it is not enough and more detailed pronouncements are presumably under development, but I was reassured by their commitment to Green Recovery and what I hope they will rename the Zero-Carbon Economy.

Mon amis.

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