Aftermath

We have received a dozen emails, all of them highlighting the relevancy of our last sketch, and complementing the author on matters of prescience. Well, perhaps. It is always best to close the pattern ahead of the masses, certainly ahead of the press. But we also insert our heart into what we do. This work, this section is after all as much about warmth and compassion for the world’s peoples, as it is about accuracy.

In 1996 Alan Blinder (D) was vice chair of the Federal Reserve, second to Alan Greenspan (an individual for whom we have little respect). Blinder sent us this short note, dated Jan/19/1996: "Dear Mr. Craven. Thanks so much for sending this. Thanks even more for writing it. It is, without a doubt, the first time I ever found an investment newsletter touching. In a single paragraph, you have captured - with eloquence, grace and perceptiveness – the essence of what I have been trying to accomplish at the Fed. ....It’s nice to know someone was paying attention."

Thank you Dr. Blinder. This is what we are after with our current effort - this blog - "paying attention". We are not out to hang an adolescent president any more than we are out to spew partisan garbage. We simply cannot suffer fools, be they stateside or offshore.

Robert Craven