9.27.2009

Reality check

As Goldman Sachs figures out how to pay bonuses out of the billions they've made from owning the Treasury Department and Federal Reserve, those of us in the real world are having a different experience.

For example, this comment from "beaufou" at Barry Ritholtz's blog:

Well folks,
looking at the weeks ahead and the current state of things, I had to lay off three guys tonight.

If one a**hole wants to talk about green shoots, I’d be happy to meet him in a dark alley right now and let him feel what it’s like to tell people they are no longer needed.

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Milestones

I talk a lot about inflation. But today was the first time in my life I actually used a dollar bill as toilet paper.