It's just no fun without cowbell.

Cowbell-Related: I recall that in the spring, someone from the Bush administration predicted some whacking big number of jobs would be created this year; he was immediately ridiculed by all and sundry. How's that prediction looking now? Is it too early to start reaming the ridiculers?

I think 2.6 million new jobs were created, and we're already at something like 2.2 million, and we still have a couple of months to add.

Plus, I don't think they take into account the 300,000 or so upward adjustment in the year's job creation.

So we're pretty close to that number. We may pass it.

While the DOW shot up intitially, long term US economic weaknesses caused the triple digit gain to shrink to 65 points - as oil rallied on reports the dollar again reached a new record low against the Euro. The dollar has declined 45% since 1971 if you include the previous European currency of record - the German mark. We have a 600 billion dollar trade deficit that keeps on growing - and threatens abandonment of the dollar as the global currency in favor of the Euro for things like buying oil...

If the new jobs are in low wage jobs consisting primarily of unpacking and selling quality Chinese & Japanese goods made by skilled high tech workers over there, that is to no American's long-term interest but the small number of wealthy owners of stores and distribution channels.

I know, I know! If we have 80% of the money from sale of Asian goods here go to Asia, that means growingly wealthy Asian consumers will buy American goods created by American innovativeness - like blue jeans, cell phones, movie DVDs, computers,....errrr whoops....I guess they won't since we moved all the American factories making that stuff to Asia...

You've got to FEEL the cowbell, BE the cowbell...

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I envy people who drink. At least they have something to blame everything on. Oscar Levant (1906 - 1972)

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