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Showing posts with the label Alan Greenspan

Ireland 2008 Recession, Recycling Knickers & Wartime Nostalgia...

Changing times for " 21st-century Ireland, where people are looking for ways to reduce both their spending and their negative impact on the environment"... Recycling the good old days... WHAT'S THE STORY WITH WARTIME NOSTALGIA BOOKS? 'Knickers renewed - one good pair from two old pairs; here's how to manage it," begins one snappy article from a collection of pamphlets originally published by the British government during the second World War and which have recently appeared in book form. The trick, apparently, is to cut a new gusset from the back of one pair and neatly sew it into place on the other pair and off you go, good as new. Make Do and Mend contains dozens of original facsimile leaflets offering hundreds of tips on how to make everything from carpets and gloves to saucepans and blinds last a whole lot longer. There are details on how to darn deftly and instructions on how best to convert a tired pair of men's pyjamas into a reinvigorated summer f...

So Who's To Blame????

Post "poperty boom", Ireland is now in "property crash" phase, and the country's finances are in dire straits. But it's not just Ireland going through bad times - there's a lot of turmoil elsewhere like in the US...so who's to blame there???? "Spicing up the blame game with some new contenders... Now the Dow Jones Indust­rial Average has dip­ped into bear-market terri­tory, it's time to address an important matter: We need new people to blame. The latest trio of popular villains is so unoriginal. Short sellers? Oil speculat­ors? Accounting rulemakers? Surely we can do better. After careful study, and some occasional attention to factual detail, I propose a new set of people and things to blame for the market meltdown, around which we all can rally in the shared cause of finger-pointing, schädenfreude, and the illusion of accountability. The sole criterion to join my list of Seven Deadly Sinners: they all had to be just as much to blame as sh...