
This is precisely why I was more alarmed by the consumer credit yesterday than cheerful. At this point in time, any rise in credit spending-all things considered-means that gap between what folks earn and their bill totals are growing from a gap to a gulf. I don't think it is new cars or any other crap the talking heads were spouting yesterday.
But on another note...this will get you marketeers off to a cheerful start. An animal charity was offering a tea with Greenspan that finally sold for $11,000. Last year a similar time with Greenspan went for $45,000. I don't know if THAT bubble has popped but as my gardening Grandma would say-the bloom is off that rose.

Happy hunting and watch out for the bears.