Ideal Absolutes

Ever thought you were having a bad day because you couldn’t find your keys? Like your day started out crappy and you hoped it wouldn’t continue that way? Like when you need to be sitting in a conference room in 20 minutes and you’re in a panic because you still can’t find where the grandkids put your keys. ARRRGGGGHHHH! Not exactly a great way to start your day, is it? And that’s nothing compared to losing your wallet and then, having it returned — empty. Hard-earned cash down the drain. Losing anything — money, keys, flashlight, spittoons — sucks right?

Your paltry losses don’t even come close to having to write-off around $9,500,000,000 (that’s Nine and a Half Billion Dollars, say it outloud… slowly) which is the value of the subprime-mortgage-related securities heading south. Oh yeah, Billion. This must be freaking the whole banking community out as this tank follows the 6′ish billion dollars which disappeared due to asset markdowns. Yikes!

I am so very glad that I didn’t take a job at a local bank, years ago… when it was a possibility. Small town podunk bumfart-owned banks are definitely at risk here. We keep our money in the NC State Employee’s Credit Union. Word is — they treat their employees fairly — with dignity and respect. AND, get this, encourage their employees to spend time with their families and to volunteer throughout the community. Nice place. Nice people.