Category: General

light in the tunnel

Mid-summer, when the economy was sitting in the doldrums, there was a tempest in a teapot regarding the economic stimulus. One side argued that a second stimulus was called for. The other had buyers remorse, wishing we hadn’t done the first one. I argued that we had done enough and the only missing ingredient was time.

Some time has passed, and things are looking up. It appears that Bush and Paulson’s $700 billion TARP program may actually turn a profit. And it’s not just TARP; the Fannie-Freddie rescue could turn a profit too. The good news doesn’t end there.

A friend recently asked, “Is it just me, or are other people also seeing a lot more job offers lately?” Apparently it’s not just our industry that’s perking up: “A monthly gauge of U.S. online labor demand soared in August at its fastest pace in four years, indicating steadier footing for nationwide labor demand…”

A recovery in the job market typically trails a recession by 18 months. And there’s still plenty of hurt left in the housing market, but it sure seems like the worst of it is behind us.

physi-cally fit

Biking 10 miles to work is almost fun. After all, it’s downhill nearly the whole way. Riding that same 10 miles home is not as fun, because it’s nearly uphill the entire way. But it keeps me in modest shape as it’s a challenging ride. But for the last 4 rides home, I’ve had a headwind all the way home. Tonight it was 6 mph steady with gusts of double that. I’ll sleep well tonight.

Summer in Seattle.

Average temperatures in the 60s. Thirty straight days of sunshine (fantastic climbing weather). Completion of my ‘required’ climbs. Weather that begs and screams, “Go Play Outdoors, NOW!”

Fresh local produce, especially strawberries and bing cherries. (California strawberries don’t cut it). Berry bushes everywhere, laden with fruit. Halibut and salmon, fresh from the docks. It’s so good to be back.