lame excuses

yeah, well... i've been silent for a few days.
here are few lame excuses:
- too much to say, too little time.
- med stuff to deal with.
- just lazy i guess.
- hey! - i'm working on the campaign!

Too much to say, too little time:
Monday:

Cheap Debt for Corporations Fails to Spur Economy
NYT
By GRAHAM BOWLEY
Published: October 3, 2010
As many households and small businesses are being turned away by bank loan officers, large corporations are borrowing vast sums of money for next to nothing — simply because they can.
...
The development presents something of a chicken-and-egg situation: Corporations keep saving, waiting for the economy to perk up — but the economy is unlikely to perk up if corporations keep saving.

This situation underscores the limits of Washington policy makers’ power to stimulate the economy. The Federal Reserve has held official interest rates near zero for almost two years, which allows corporations to sell bonds with only slightly higher returns — even below 1 percent. But most companies are not doing what the easy monetary policy was intended to get them to do: invest and create jobs.

The Fed’s low rates have in fact hurt many Americans, especially retirees whose incomes from savings have fallen substantially. Big companies like Johnson & Johnson, PepsiCo and I.B.M. seem to have been among the major beneficiaries.

“They are benefiting themselves by borrowing and keeping this cash, but it is not benefiting the economy yet,” said Dana Saporta, an economist at Credit Suisse in New York.

American corporations have been saving more money since the financial collapse of 2008. But a recent rush of blue-chip bond offerings — including a $4.75 billion deal last month by Microsoft, one of the richest companies in the world — has put even more money in their coffers.

Corporations now sit atop a combined $1.6 trillion of cash, a figure equal to slightly more than 6 percent of their total assets. In the first quarter of this year it was 6.2 percent of assets, the highest level since 1964, when it was 6.4 percent.

When will they start spending that money — in particular, by hiring?

That is part of what has become the great question of this long, jobless recovery: When will corporate America start to feel confident enough to put its cash to work, building factories and putting some of the nation’s 14.9 million unemployed to work?

Tell me again how TAX CUTS for corporations will be stimulative?
They're SITTING ON tons of $$$ - BUT NOT HIRING.

Just as a reminder: 10-year T-bills now sitting at 2.52%... we - the U.S. Govt - can borrow money cheaper now than any time in the past 20 years!
So, tell me: why is borrowing $$$ to spend on JOB-CREATING STIMULUS (see, e.g., New Deal) a bad idea???
... oh, yeah - I forgot: the GOP controls the dialog

Tuesday:

"Compassionate Conservatism"

Visit msnbc.com for breaking news, world news, and news about the economy

Yep -
1. fire fighters on the scene...
2. ... BUT: folks haven't paid their dues...
3. ... SO - LET THE HOUSE BURN!

This is what GOP's America looks like!!!

Med stuff: wife has been scanned every day so far this week - oncologist appt tomorrow to determine next steps.

Just lazy: okay, I'm a slacker!

Campaign: Miracle of miracles - the campaign gave me some database work to do!
... so I've been doin' it!