Saturday 26 June 2010

three-part harmony

The bees have slowly been making a come-back.  In the meantime, I was getting worried about their bee radar and their bee fandango.  What if they were all lost somewhere: they were going to London to see the Queen but all ended up in Toronto for the G7+ Summit.  Perhaps they were disoriented by the drone of the vuvuzela.  Speaking of which--the G20, that is, Congress' timing for palavering over the Dodd/Frank bill is absolutely stellar--so the US can encourage the world to back financial regulations that even the drafters are not fully aware of and completely unsure of how they will work.  A lot I understand was lost to compromise, but still the intent is their to curtail risky investments by institutions, stop bailouts, less autonomy for the Federal Reserve and regular audits.  I don't pretend to grasp any of it myself but still felt pretty uneasy when banks were jubulient over its accord and they latitude was not under the government's thumb as much as they feared.