I am not usually known as a night owl, but so much is going on in the business world that is distasteful to me right now making sleep a difficult process . Are the recipients of the mega-bonus $$$ at AIG sleeping well? Hopefully, Congress will stick to the plan and impose 90% taxes on all the people who received bonus money based on the federal buyout program.
The banking industry executives who are refusing to support the FDIC better start losing some sleep while worrying about job security. Speaking of sleep, I wonder if it would not be a bad idea to deposit what is left of our savings into shoe boxes in our bedrooms like our ancestors did. A bankrupt FDIC is a very frightening proposition.
Many U.S. Postal Service employees are likely losing sleep pondering their job security. The post office is on the verge of closing some locations, reducing service hours at others, and carrying out severe layoffs. UPS and Fedex may become our postal service of the future by default.
Please feel welcome to share your thoughts here.
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