13.21 - with a sandwich
It's been a week of emotions.
There was disappointment.
I was disappointed to read, for example, that China will tolerate an increase in bad debt this year as it eases rules governing bank lending to revive the slowing economy, according to the nation’s banking regulator. The China Banking Regulatory Commission will drop its target of reducing the balance and ratio of bad loans after five years of declines, and instead aim to prevent a “massive and rapid rebound” in soured debts, Chairman Liu Mingkang said in Beijing on Wednesday.
Easing rules on bad debts? Hello...! Does anyone remember how we got into this mess in the first place?
There was also some reassurance to be found in a court case this week.
A Swiss man had been found guilty of abusing his grandmother's funds for more than a year. He had been given a power of attorney over her bank account to help the old woman managing her household, and had misappropriated 122.000 Swiss Francs which he spent on Zurich's notoriously expensive nightclubs. The judge sentenced him to a fine of 18.000 Francs, which in my book still leaves a positive result of 104.000 Swiss Francs.
Now there's a relief. Crime pays. And nicely too.
And finally there was some good news.
George Dubbaya Bush gave his final speech (at least he promised so) last night.
What a pity though that in this otherwise pathetic attempt to justify his wasted time in office, he did not let out a single gaffe anymore. And let's face it, that's what we were all waiting for.
I'm sure you'll remember some of these:
"Most of our import comes from foreign countries." (On a press conference on the economy)
" I say: the history is in the past now" (Interview with Larry King)
"What state is Wales in?" (When being introduced to Charlotte Church)
As it stands, this seems to be the major difference between Obama and Bush. One inspires the people, the other the comedians.
Still, much as I like political satire, I won't miss him.
There are those people who only exist to serve as an warning for others.
Every now and again one comes along. And while it's perfectly okay to ridicule them, see what happens if you vote for a halfwit like that?
Don't misunderestimate the consequences.
"..they've got internet on computers now....?"
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