Wisdom of Solomon

Chickens have been making a takeover bid for my back yard, which is fine by me. I like to watch them scratch about, during the odd interlude in the fast paced, high pressure clerical lifestyle.

I was doing just that when DWN (Dog War Neighbor) knocked on the fence and asked if he could have a talk. DWN, who is a disabled vet and writes patriotic letters for me to give to George Bush - he's convinced I know him - wanted some advice. 

He used to have a small pick up truck in his drive, which a young NDW (ne'er do well) wanted to buy. DWN said "$1000", NDW offered $800. DWN accepted and NDW paid $700, on the spot, with a 'verbal' to pay the balance in two weeks.

DWN then took a working battery from his van and put it in the pick up to show NDW that the vehicle worked. NDW promptly got in the truck and drove off, with the battery, leaving DWN down one battery and owed $100. 

No title had changed hands and the pick up was still insured in DWN's name, which brings us to the present. A month after the 'deal', NDW still hadn't paid the balance and DWN was worried, on two scores.

Most importantly, for him, was the principle of the thing. If NDW was allowed to get away with casually walking off with other people's $100 he'd never learn responsibility in life. Secondly, the truck was still insured in DWN's name and he didn't want to be liable when NDW crashed the vehicle.

DWN was perplexed. He had prayed about it pretty hard and been to the police, who told him that repossessing the truck over a paltry $100 was kind of mean; DWN thought so too, but principle mattered. So he had taken the key to the truck (it was in the ignition) and the battery and left the vehicle outside NDW's house.

"Now pastor," said DWN, "what should I do?"

In the spirit of Solomon, I gave him two choices. He could keep the key with the proviso that NDW could have it back when he paid the outstanding money, at which point he'd get the truck and the title. Or, far better choice, DWN could give NDW his money back and repossess the truck.

The problem with 'option 1' is that lack of a key isn't going to stop NDW from driving the truck...

There's a moral in this, somewhere.

It's all going on in the countryside, I tell you.

LSP

Apocalypse

I've been hearing rumours for months, from friends who seem to know about money, that we should expect something nasty on the financial front. I was a bit skeptical, to be honest, but this latest from the Wall Street Journal's Marketwatch seems more than a little scary. Here's an excerpt:

"The Big One is coming soon, bigger than the 2000 dot-com crash and the 2008 subprime credit meltdowncombined. A huge market blowout. And as Bloomberg-BusinessWeek predicts: "The results won't be pretty for investors or elected officials."

After the global-debt bomb explodes don't expect a typical bear correction followed by a new bull. Wall Street's toxic pseudo-capitalism is imploding. Be prepared for a massive meltdown. Yes, already the third major bubble-bust of the 21st century, triggered once again by Wall Street's out-of-control Fat Cat Bankers. And it's dead ahead.

Can your family survive in the anarchy after the debt bomb explodes?

America's already descending into economic anarchy. We're all trapped in a historic economic supercycle, a turning point that must bleed through a no-man's land of lawless self-destructive anarchy before a neo-capitalistic world can re-emerge."

I'd say that wasn't very encouraging. Off to study The revelation to St. John the Divine as interpreted by Austin Farrer - Rebirth of Images, well worth the read.

Stockpile ammo and food,

LSP