March 1986 1986 has come in with a bang. Interest rates haven't been as favorable in 7 years. The stock market keeps setting new records. Single family re-sales are coming off their best year ever. The Saudis have doubled oil production, driving prices down below $18. Our Navy is cruising just off hostile shores. We've had a disaster in the space program. Banking remains poised on a knife edge of solvency. Congress has sent the new tax proposal on to the Senate in this election year while Gramm-Rudman cuts are threatening both defense and social spending. The dollar has been falling against foreign currencies. Our recovery is 3 years old in some areas, while in the rust belt and farm areas, it doesn't seem to have even started to come yet. What else is new? How 'bout the IRS finding out too late that all those little portable computers aren't compatible with the ones back at headquarters? It's getting curioser and curiouser.
Continue reading “You Pay Your Money And You Take Your Choice . . .”