Etymology: French, from Old French enui annoyance, from enuier: to vex, from Late Latin inodiare: to make loathsome
: a feeling of weariness and dissatisfaction
I’ve always understood the word to be semi-depression in reaction to events: a sense of being overwhelmed by life.
So let’s see:
Bad people with Muslim names are still trying to kill us.
The Gulf of Mexico and maybe the Gulf Stream may be on their way to being devoid of life. (We won’t talk about the economic hit on the Gulf Coast, just now recovering from Katrina.)
Warren Buffett thinks Goldman Sachs is just peachy. Goldman Sachs, as evidenced by Emails, thinks we are stupid and deserving of our fate. It may well be right.
Financial market reform seems to be dead in the water.
Arizona has been watching too many old movies, “Your papers please!”
The DeKalb County, Georgia School Board, faced with laying off hundreds of teachers, is soliciting bids for a public relations campaign. I know its not very significant, just one more thing to shake your head at.
Much more significant, according to a PBS special last night, total student loan debt in the country is in the neighborhood of $750 billion, with a good sized chunk of it in or near default. When will that “market” collapse?
Then there’s the little noticed condition of the commercial real estate market – hundreds of billions of dollars of bad loans are on the books with values far below the money loaned.
Comparing all the spending done and proposed by governments (foreign and domestic) in the last couple of years with collected and to be collected taxes, how far off do you think class and generational warfare is?
That’s enough for now.
Wednesday, May 05, 2010