Labor Day

Posted by Zeeshan on September 3, 2010

Labor Day

1. academic work at Yale economist Gary Gorton, “The Panic of 2007″ which seems to reverse the commercial paper market in the summer of 2007 and the way they had all the hallmarks of a traditional bank runs, unless was happening in the sector of the shadow “banking” investment banks and stock vehicles. Gorton document was delivered in 2008 Jackson Hole Economic Summit dismal August. The events of the month that follows, “panic” of 2007 looks more like a picnic.

So bittersweet. The climate tends to be glorious. For those of us in San Francisco, Labor Day marks the beginning not the end of our summer time, to be held in September and early October. However, marks the traditional end of summer – no matter what the thermometer says – and return to school – regardless of whether my child’s school has been in session for three weeks now. However, a certain melancholy tends to float in the air, blowing more clearly, during this long weekend.

Seriously. This is becoming one of the most disturbing election cycles in recent times: a bit like a combination of 2006 and 2008. On steroids. Links with crystal methamphetamine. Either that, or Model of the world is completely false. That’s why people continue to write a variant of “Well, it’s still X days before the election, many things can change” if this issue is in place. There is a desire to cover the back because it is a tacit recognition that what may come in November is a very unlikely scenario. Even perhaps the promised many times, never seen realig legendary.