"Enjoy the war. Peace is going to be terrible."

The 700 lb gorilla our 2008 presidential candidates are "tip toeing around"
 
 
A tidbit from article:

Citigroup, Merrill Lynch, UBS, HSBC and others have stepped forward to reveal their losses. At some point, enough of the dirty linen will be on the line to let markets discern the shape of the debacle. We are not there yet. Goldman Sachs caused shock last month when it predicted that total crunch losses would reach $500bn, leading to a $2 trillion contraction in lending as bank multiples kick into reverse.

"Our counterparties are telling us that losses may reach $700bn," says Rob McAdie, head of credit at Barclays Capital.

 
When we fall, we all fall down alone...

'don't put this in writing but ... ' Deleteing inappropriate e-mail can establish motive

Ever send an e-mail on your corporate account that you regret sending?
Ever think that deleting it from your local folder or from the server will save you from Legal's wrath?
 
Don't.
 
Several software packages that can detect several layers of deletion, which is worse than you might think. Let's say I send an e-mail to Char saying "You're dumb and no one likes you." Then I write another e-mail saying "You smell funny," but don't actually send it; it just stays on my computer in the draft folder. Then I delete it. Well, Johnny Law will see that I wrote it, then deleted it. They'll see my thought process, then throw my in prison for harassing Peter.
 
E-mails, text messages, BlackBerry communications all are potential time bombs if not worded thoughtfully and with discipline. "It just creates the potential for a permanent record for all this type of stuff," Clarke said. "People don't realize that to some degree, if it's in an e-mail, it's analogous to etching it in stone."
 
"My biggest fear with e-mails is not that it can be used against you in some way, but that the assumption is it's telling the whole story, and it's not," said Meece. "It may be the truth but not the whole truth, and there may be some silly stuff in there that's not 'nothing but the truth.'"
 
And above all, said Clarke, never say anything in an e-mail that you wouldn't want to see displayed on a giant screen in a court room in front of a judge and jury even years from now. Because that is exactly where it might end up.
 
 
 

Buying "another" guilt offset will not make you "happy" with yourself...

FROM NATIONAL PRESS
Happiness Comes Cheap -- Even For Millionaires
In a study commissioned by the National Lottery, Dr Richard Tunney of the University's School of Psychology found that it's the simple things in life that impact most positively on our sense of well being.
 
"It appears that spending time relaxing is the secret to a happy life. Cost-free pleasures are the ones that make the difference — even when you can afford anything that you want."
 
Dr Tunney said: "Modern-day pressures take their toll on everyday happiness. As a result we try to make ourselves feel better and happier through personal rewards and treats. We've all heard the saying 'a little bit of what you fancy does you good', and treating yourself is the ideal way to keep spirits lifted when you're down in the dumps.
 
The research found that happy people — whether lottery jackpot winners or not — liked long baths, going swimming, playing games and enjoying their hobby.
Those who described themselves as less happy didn't choose the cost-free indulgences.

"... there are small lessons we can learn from society's happiest people to help improve our quality of life," Dr Tunney added.
 
 
 
HAASE: My suggestion for the holidays, enjoy time and cost-free indulgences life offers all.
Cheap electronics, hybrids and meals out are not going to make you happy... "buying + consuming less = more happiness"
 
And if you are lucky enough to have quality time, love and health in your life... rejouce!

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