Friday, October 24, 2008

drivers ed




It was sort of cold and rainy today, but we had a good time watching Boo learn to change a tire -- an important part of the Driver's Ed course.

Friday, October 10, 2008

great education in economics


The last two weeks have been unavoidable opportunities to get familiar with economics -- and what a learning curve it has been:

  • witnessing partisan politics in action,
with late night, backroom deals and public hand-wringing and arm-twisting,
  • the so-called "urgent" $700 billion bailout,
  • the historic stock market plummet after the rescue bailout was a done deal
  • Add to that, the excitement and distress in international markets;
  • commodity prices dropping the limit day after day
(of great concern in this county where agriculture is the main industry.)
  • And crude oil --
prices on crude oil falling so fast local gas stations post new, lower prices daily.

***
We have discussed the workings of USA capitalism, especially methods of raising capital, the stock exchange, commodities markets, and proper use of credit; of globalization and its effects on our daily life; and looked for opportunities to cut personal expenditures . . .