The Coming Hard Times

dow As I write this the DOW is up a little from its 700 point loss. My stocks are down around 5% and I expect they’ll keep sliding about 20%, 40% or more. I wanted to sell, but we didn’t see the edge of the precipice until it was too late. I still want to sell. I had a few thousand dollars worth of an insurance company stock that I sold a few months ago, thank goodness.

The price of oil and the lack of oversight in the financial industry has resulted in synchronicity that will force things down and down. Banks all over the world are failing and I just read that congress has voted against the bail out. I have no doubt the bailout would have not have done anything but line the pockets of financial executives, though.

My own losses might be about $300k in stock and $300k in the value of my house, before this is over. I would say that I would get off easy except that the county government is going to have to do some cost cutting and that usually means getting rid of contractors. One way or the other, I may be retired in the coming year.

But, in spite of the bad news, I am a little happy that the economic policies of the Republicans has failed so dramatically. Bush will be remembered as the president, like Coolidge and Hoover 80 years ago, who presided over the conditions that led to this crash. The republicans were kept out of the white house for 20 years as a result of the 1929 crash. The fault was not entirely with the republicans, but the blame certainly fell on them, as it will this time. I once said that the only good thing about Bush was that after he left office few would vote for a republican president for a long time. It looks like this may be true.

The republican policies of regulation and less government oversight have resulted in their logical conclusion. We are in for a world wide monetary collapse. I expect to stand in line to get free bread as my grandfather would have done. I imagine that soon my neighbors and I will not be able to pay our property taxes and local governments will go bankrupt.

If it gets too much worse, I may have to cut back on cats. If Ollie throws up on the rug one more time… Watch out cats!


  1. Chris Perridas wrote:

    Oh no! Not the cats! (I’m a cat lover).

    As the old curse says, “May you live in interesting times.”

    Tuesday, September 30, 2008 at 8:06 am | Permalink
  2. Keith wrote:

    If you find time, send pictures of cats and I’ll post them on my cat blog. I don’t often update it, though.

    cat blog:

    Tuesday, September 30, 2008 at 8:16 am | Permalink


Buy the Book!

I cleaned up my tab for Sonny Boy's Help Me and made it into a short book. There's a Kindle version for 99 cents, and if you buy the paperback you get the Kindle free.

Playing "Help-Me" In the Style of Sonny Boy Williamson II: A step by step, note for note analysis of some of Sonny Boy's Signature Riffs

I also write Science Fiction, so you can sample some of my best stories. Also available in Kindle format.

Error Message Eyes: A Programmer's Guide to the Digital Soul


Keith Graham's Links

I started reading Science Fiction in the 1950s. I started Writing SF in the 1960s. Then, I had a life. Now I am retired, raising chickens and keeping bees. I am still an avid reader and I have sold about 70 stories in the last 20 years.
I have been collecting information about writing Science Fiction for many years now. Social media has replaced the Blog and large dedicated websites, so the pages here are mostly static. I update them from time to time.


Book Reviews

Please note, the comments on this site are historical from when the site was a Blog. The web pages are now static, and there is no mechanism for leaving comments.