Boy. I have to deposit some funds into Kate's Wachovia account to ensure she has enough money to pay some fees and buy groceries. The news is saying that Wachovia is the next bank which is suffering from the credit crisis. It makes me wonder if it is better to find a different way to get money to Kate. Of course, her little account is covered by the FDIC, but it still gives you second thoughts.
Now I understand that Britain has lost one of its big banks. There is no doubt that we are all tied together in this global economy. Everyone profits from the financial strengths of the others.
I hope that Congress passes this bill soon. We need to get off the roller coaster and find some level ground. It is a shame that the economy is so tied to perception. Sports is so much simpler. You go into a tough game and lose at home. You look in the newspaper and see that you are still in the top ten. With a lot of time left in the season. That is some comfort.
But the economy is a little more complicated than Division 1 football rankings.
It is nice that W&L and Dunwoody won this past weekend. I'll grab consolation anywhere I can get it.
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