Bad Django. No cookie.
I am continuously astonished by the ability of conservatives to refuse to, you know, conserve. When difficult times come along, there is somehow always a refusal to prioritize and make sacrifices. That doesn't make the difficult times go away, so instead we end up sacrificing important things instead of unimportant things. For example, when it was clear a few months ago that consumer spending was flagging, it was decided that putting a few extra dollars in the people's pockets would help.
What did Congress do, at the urging of the Whitehouse? It borrowed the money. If that were the only way to put a few hundred bucks in people's pockets, then so be it. But it wasn't. One of the things that was taking money out of people's pockets was the spike in gasoline prices. Push prices down, and everyone who uses gasoline would be that much richer. What's the simplest way to reduce gas prices? Why, to use less of it, of course. What's the simplest way to do that? Impose a speed limit. Duh.
A conservative financial decision would have been to lay it out to the American people this way: We can either borrow the money to give to you, and then make you pay for it with higher debt maintenance payments and higher taxes, or we can impose a 55 MPH speed limit for 200 days. Now, driving 55 sucks, but don't you think it'd be worth it to avoid running up the debt? Don't you think it'd be worth it for lower prices and a little extra money in your pocket every week?
But no! Driving huge vehicles far, fast and for no reason is the American Way of Life! It's evidently more important to protect the sanctity of the gas pedal than to safeguard the solvency of our republic.
Tomorrow, I have a job interview and tour for an on-campus job working in one of the Department of Entomology greenhouses. Not quite as good as a TA position, but it would pay for rent and get me outside and moving around on a regular basis.
I still haven't found a place to live yet, but a very nice fellow from my department is letting me crash on his living room floor until I do. Classes were supposed to start Thursday, but evidently the professor for that course isn't here yet.
Ah, adventure! I'll try not to get E. coli poisoning this time.
A.I.G. will be the next test. Ratings agencies threatened to downgrade A.I.G.’s credit rating if it does not raise $40 billion by Monday morning, a step that would crippled the company. A.I.G. had hoped to shore itself up, in party by selling certain businesses, but potential bidders, including the private investment firms Kohlberg Kravis Roberts and TPG, withdrew at the last minute because the government refused to provide a financial guarantee for the purchase. A.I.G. rejected an offer by another investor, J. C. Flowers & Company.I think the copy editors must have been on the phone to their brokers.