Hammer Mill Days

Here in the situation room, no one speaks in muted tones. Everything is shouting, all the time, shouting. Oh, the noise! Can't we all just get along? Oh, hi, you-all. Hope everything is well back on Earth. We will see you there soon, I trust, as we appear to be heading in that general direction, assuming Mitch Macaphee's navigational skills have not gone seriously downhill in the last month or so. (We walk by faith, not sight.) Rolling to the end of another outer-limits tour - this one a bit more ad hoc than previous outings, apropos of the severe economic recession back home. Couldn't even afford to brand this tour, and that typically doesn't cost much more than a couple of beers at the local pub. (We quaff them until somebody emits a decent idea... or something a bit less savory.) As you know, Big Green always operates on the cheap, but this time was the worst yet. As someone who's used to dry Soy Slice sandwiches, it took some time getting used to sandwiches mad

Don't know if you have credit cards with major TARP-rescued banks. I certainly do, and this week I received a notice from one of them telling me that they were summarily changing the terms of my credit agreement. In essence, they said they were raising the interest rate on my card to 23%. Yes, that's right - 23% on a balance well below my credit limit, on a card I've had for at least a decade without missing a payment. You don't seem surprised. Perhaps they've done the same to you... and, in fact, they are doing the same to everyone, as far as I know. It seems CitiGroup, the recipient of $45 billion in publicly funded bailout dollars, has settled on a business model that empties the pockets of American taxpayers a second time. Charging 23% and more on credit in an economic environment such as this, when people are losing their jobs, their homes, their shoes , for chrissake... and when institutions like Citi are drawing money from the Federal Reserve lending window a