Thursday, October 09, 2008

And on the 7th day, He rested. On the 7th day, they created panic.

On the Seventh Day, They Worked, Amid Finance Crisis (Update1)
By Oshrat Carmiel and Demian McLean

Oct. 3 (Bloomberg) -- Sunday is the new Monday.


Beyond the obvious 'keeping the Sabbath day holy' issue, I wonder if all the weekend wheeling and dealing hasn't to a degree heightened the sense of crisis in this current economic spectacle. What would have been different if 'all the king's men' worked on this just on weekdays, and stopped for a day or two over the weekend?

Given that we're told all of the "fixes" will take time, what is the rush to blow up the weekends? (I have to say I'm with the French and most Europeans on this 'work less' philosophy. Take some time to smell the wine and cut the cheese....wait a second...)

How would things play out if the government and big players in all this limited their big policy moves and decisions to Tues thru Thurs, leaving Fri and Mon to plan and react, and Sat and Sun to let people live their lives outside of work- and for some, worship properly? I can't help but think it might have signaled that there were serious problems, but that the sky wasn't falling. With how things have been going, could one argue that delaying all the Sunday dealing to Monday would have caused things to be much worse?

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