POWIP Piece of Work In Progress

Mostly Acura 2008 – with a Slight Chance of Foreclosure

As the MSM and Radio Talk Show hosts continue to dodge and parry the stream of DC-supplied stats relating to this index or that index - as they continue to score points for or against this party or that - as they speak to GDP and CCI - some declaring the recession economy worsening, some stating we are in recovery, or that it is a "jobless" recovery, or a "V"-shaped recovery, I find myself chuckling a bit. And here is why: I know what the weather is like when I stand on my doorstep - and can even guess at it by looking outside. And my observations lead me to believe that my forecasts are at least as reliable as the ones offered by blue-screen divas and weather nerds in suits.

There are a couple of indices I have been using to gauge the disposition of the economy that are far removed from anything coming out of DC or Wall Street - observational in nature - geographically-local - anecdotal & non-scientific in nature. Nonetheless, I live in a local economy. I work here, pay taxes here, buy things (or not) here. Make rational spending/saving decisions here. I mean here, where my home and family are. So, for me, "here" may as well be the only economy that matters - the local economy.

I share these with you, my POWIP brethren - so you too can tell the weather from your doorstep!

THE LAWN TOY INDEX - observations are made while driving to a fro work, the grocery store, running errands, whatever. Take a moment to pay attention to what people are selling in their front yards. Draw your own conclusions as to the disposition of the seller's financial situation. What would motivate someone to sell such-and-such off? What does it say about how leveraged they likely are? What does it say about their liquidity?

THE NEWSPAPER DELIVERY VEHICLE INDEX - observe the make, model, and year of the vehicle being used to deliver your local newspaper. Again, what does it say about the driver, their financial situation? What is the likely story behind their decision to perform this type of service?

Let It Snow : Lyrics

Oh the weather outside is frightful,
But the fire is so delightful,
And since we've no place to go,
Let It Snow! Let It Snow! Let It Snow!

It doesn't show signs of Pausing,
And I've bought some corn for popping,
The lights are turned way down low,
Let It Snow! Let It Snow! Let It Snow!

When we finally kiss goodnight,
How I'll hate going out in the storm!
But if you'll really hold me tight,
All the way home I'll be warm.

The fire is slowly dying,
And, my dear, we're still good-bying,
But as long as you love me so,
Let It Snow! Let It Snow! Let It Snow!

Enoch_Root

Person with kids,a beautiful wife, a job. Catholic of the Latin Rite.

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