Lately, I have been playing alot of superheroes with my 4 year old, Diego. In fact, I think I may now turn into one. My choice would be Cat Woman, but I'm not sure how I would look in that tight black leather suit, especially 5 months pregnant. So its superheroes in the morning before school, and then the minute we get home, its superheroes again. So I happily endure, and play, even if just for 5 minutes, my sweetie is satisfied. His last waking breath the other night was ' Mommy, why does Wolverine not have hair? '. Well, because he has a mask on, that's why. 'I KNOW that Mommy , BUT WHY?'. Well, I was not sure how to continue that one, so I changed the subject.
WHY?????????????? Such a powerful word.
Why are there so many unemployed?? There are 4.6 million-that we know of, and on Feb 28, 1 million of those will run out of benefits. The $787 billion stimulus package was to create 4 mm jobs, and there have been about 2 mm created (source: Fox News). That is a cost of $393,000 per job.
Why are banks not lending to businesses? Could it be that they have no incentive to take risk at a 3.5% interest rate?
Why are more small banks going to the Fed's emergency 'window' to borrow short term/overnight funds at close to 0%? Could that be a sign of a yet weaker economy-the Fed won't say, nor release the bank names in fear of hurting consumer confidence.
Why is our economy not getting better? Could it be unexpected things like the meltdown of the Euro (being compared to the mortgage meltdown- since Greece is about to be downgraded for their credit. France and Germany hold much of their debt, so will they then fail? If you think the Euro economy has nothing to do with us here, think again. Or could it be the unexpected blizzard have destroyed business in the central US and East Coast, causing further layoffs? It has been said that the housing recovery will drive us out of recession. Well bring it on! The Fed is cautiously NOT rising rates yet, as they don’t want to further inflation. Mortgage bonds hate inflation, and if and when that happens, rates WILL rise.
So many ‘Why’s ‘ and so little time to answer them all. I think I would rather play superheroes.
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