Friday, December 26, 2008


Janus is the God of beginnings and endings after whom January is named. As January approaches and the old year winds down it seems appropriate to ponder our own endings and beginnings.

The end is thankfully near for the Bush Administration while, ever hopeful, the world awaits the begining of the Obama era. Seldom has there been such optimism surrounding an individual as that which surrounds Obama. This despite the early indications that rather than delivering change he is opting for continuity.

The end is at hand for 2008, yet the damage done to the markets over the past several decades appears likely to continue to arrive for the forseeable future. A recent prediction in the Wall Street Journal based on a mathmetical analysis of 27 million mortgages asserts that the 60 day deliquency rate for mortgages will almost double before the end of 2009, which has yet to begin.

The end appears to be beginning to arrive for the misadventure in Iraq, while the next surge is being launched into Afghanistan. The end of the war began on 9/11/01 appears illusive. Already this is the longest war in the history of America.

Each of us has our own endings and beginnings to ponder as 2008 withers and 2009 approaches. May your endings be happy ones and may your beginings bring you succdess as well as pleasure!

No comments: