Thursday, August 18, 2011

The Music Lesson


In "The Gallery", an indoor marketplace, in Philadelphia, PA, USA there are thousands of lessons to be learned. This is only one of them.
Breakfast (this morning for yours truly) was a slice of sweet potato pie and a
small cup of lemony sweet tea at 'the spot'.As I sat down at a small table, an old blind brother was sitting on an old milk crate playing a saxophone.His red and white cane rested against the wall.
The pie tasted just right and the music tasted better!Suddenly,pure sweet notes from the saxophone lingered deep in my soul and stirred up images of New Orleans. The Mardi Gras came alive. The music was so stirring that even the mouse behind the counter came out to check things out!Groove and inspiration was the musical theme.
As the mouse looked around,so did I and at the opposite table in front of me I noticed the most beautiful pedicured nails I had even seen. The blind man was deep
into his funky sound when the meaning of the lesson hit me; 'sometimes you have to Listen to See what you been missin' .'

Saturday, August 06, 2011

Pot Calls The Kettle Black?


If the global Standard and Poor's Credit Rating Agency were a Pot, its' "AA+"
credit rating of the USA Government would be analogous to the old idiom in which the
Pot calls the Kettle black. See the link at http://en.wikipedia.org/wiki/Pot_calling_the_kettle_black
It's also likened to the giant credit rating agency putting on a red nose like mine.
They appear more clownish than yours truly when you consider their poor referee- calling on "Credit Debt Obligations(CDOs) .Read about it in black and white at
http://en.wikipedia.org/wiki/Collateralized_debt_obligation
You don't have to be an old hobo clown detective to know that the Credit Rating Agencies failed to make the right call about the sub prime mortgage crisis in 2007 and rated the "CDOs and other ABSs with the highest possible grade".
Are the credit rating giants blowing smoke so the consumers in the US and global economy cannot see Uncle Sam take a swing at them?