SMRs and AMRs

Thursday, November 27, 2008

Count Those Blessings

By GAIL COLLINS
NYT

Time to give thanks. Let’s get cracking.

Sure, this isn’t the absolutely best and brightest holiday season ever. But look at the pluses. There has never been a better time to buy a condo in Reno, Nev., or a plane ticket from Oklahoma City to Disney World. Bargains abound!

And we sleep the sleep of the insolvent innocent. Our retirement funds may have evaporated, and we may be envisioning ourselves deep-frying chicken nuggets on our 85th birthdays. But the good part is that it wasn’t our fault. As a matter of fact, if it had been left to us, the subprime derivative never would have been invented. And a clean conscience is worth more than all the golden parachutes, indoor squash courts and $13 million vacation houses in the world.

Also, we’re thankful that we’re not Iceland.

Of course, we’re glad that George Bush is gone. Or almost. Sure does seem to be taking his time, doesn’t he?

(More here.)

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