Saturday, July 19, 2008


Hey Kitten, IT'S THE ECONOMY, STUPID

Like I've mentioned before in this blog, I ain't got no job!

Well, that's not entirely true. Technically, I'm employed by a good friend of mine to review gay porn. But that's just a dirty gig out of loyalty and incessant need of drug money.

I don't mean to be entirely ungrateful, though.

Without this illustrious job, the distinct difference between a twink and bear would be completely lost on me, and I'd still be in the dark about the pros and cons of cock docking.

Anyway, my current stint of unemployment is by choice not circumstance. Which is why I can't 100% relate to the winding lines of suits and ties, bitter by corporate downsizing.

Hell, I worked at a magazine.
We were always in a somewhat manic state of "trimming the fat." Literally and figurativelly.

Regardless, the recession is fascinating to me.

That and I'm going to be rubbing elbows with fianance guys in the meatpacking district tonight. I don't think a conversation about the psychosexual causes of jizz addiction would get me a second dirty martini.
I'd like to have some big girl topics tucked up my sleeve.

Regardless of what you may read in the New York Times, this isn't a repeat of the Great Depression.
Unemployment is at a paltry 5.5% in contrast to 25% of 1930, yet Goldman Sachs estimates that rate will accellerate to 6.5% by 2009—which is another "several hundred thousand" people out of a job. Frightening. Especially at gas being $4 a gallon
So who's to blame? According to the New York Times the Federal Reserve. They lowered interest rates, which led to Wall Street engineering dubious mortgage deals (no job? no credit? No problem!), where the normal run-of-the-mill American bit off more than they could chew (ie. afford).

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