No Runny Eggs

I have to admit, I was no fan of Bernanke. He appeared to have an ability, in his Congressional testimonies, to say things that caused unnecessary market gyrations. He  looked to be very late to the game in reacting to the subprime turmoil. He  seemed to me to be one of those guys who was probably very book smart but just didn’t have the business common sense to be a successful leader of the Fed.

I may have been wrong.

I’ve written about Bernanke and the Bear Stearns take out. While I’m still holding onto some healthy skepticism, each day that passes  in which  we don’t see another financial shoe drop, causes me to believe that that single transaction was a master stroke and saved the US a really awful experience of financial meltdown. there’s been a lot of consternation and wailing over this transaction, complaining that the Fed didn’t have the authority to do what they did because Bear Sterns wasn’t a bank. Again, I’ve written on that, and while I agree with the concern of the issue, I believed at the time, and Bernanke has stated in his recent testimony to Congress, that he felt it necessary to act on Bear Sterns to save the broader financial system.
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LEWISTON, Maine (AP) – Police are searching for a man accused of shoving an electric guitar in his and walking out of a store in Lewiston, Maine. Police say the theft occurred last week and they’re looking for three men. One of the men shoved a Fender Stratocaster in his pants and pulled a sweatshirt over the top. The other two acted as lookouts.All three can be seen on footage from video surveillance.Strangely enough, the music store has seen the method before. A man did the same thing in 2006 but was caught as he tried to walk out.

I would love to see the video. Either the description of “in his pants” is overly generous or this guy has some really odd pants.

The son of a retired widower has placed an advertisement looking for someone to have a few drinks with his father at a local pub for seven pounds (nine euros, 14 dollars) an hour.Jack Hammond, 88, and his son, Michael, will begin interviewing candidates for the position soon, after Michael posted the advertisement at their local post office in Hampshire, southern EnglandThe elder Hammond used to go to his local pub four times a week in Barton-on-Sea, Hampshire, with his neighbour, but had to stop the practice recently when he moved into a nursing home closer to the rest of his family.

“When you put an advertisement in a post office for 25p you don’t expect anything to come of it, so the response has been amazing,” Michael, a chef, said.

They have ruled out hiring a woman, as Michael Hammond said his father, a retired electrical engineer, would be uncomfortable having a drink with a woman he did not know, and are hoping to find “a gentleman who is not too bombastic and enjoys a nice pint” with an interest in engineering or golf.

“Dad will be going out with some of the candidates next week but we are going to do it properly, as he is vulnerable,” Michael added.

“It’s got to be the best job in the world.”