Friday, January 18, 2013

Tuesday, January 1, 2013

Happy 2013 and no Fiscal Cliff !!!

If these US lawyers in Congress were in any of my classes, asking for an extension on homework and handing things in at the last minute, I would FAIL them all. How very irresponsible of the US Government to put all of us through this drama over the potential cliff, when their average salary is $174,000   with benefits. President Obama is as bad as all of them lacking leadership skills and still campaigning instead of getting the work done.

I do not understand why people were not protesting outside the White House over THIS fiscal crisis. Why are Americans so complacent? As a good friend of mine used to say about Zimbabwe, people are just not unhappy enough to revolt.

We are all just happy enough to sit and watch Congress politicize our lives without complaining at all. We have it just good enough to be sheep.

On the continent of Africa, the Egyptian currency is struggling but the EGX seems to be holding steady. I heard the Prime Minister Hisham Qandil speak to the ASEA conference attendees in Cairo about the possibility of Egypt-very hopeful. Currently, he will be resuming talks with the IMF regarding a loan to help the economy. Here in the states we are so far removed from so many important places that we cannot understand the contrast and linkage between protests, voting and progress. It will be fascinating to watch Egypt this year. I really wish that I had opened a trading account while I was there!!    

I have a good deal of hope for 2013.