Radicchio and Toxic Assets

Don't confuse the two. Radicchio is excellent and definitely not toxic unless left to rot, which would be criminal. Business upfront, the new plan for the financial debacle is to buy toxic assets, those assets that are crap and cannot reach any sort of value at the present time/or the government cannot justify a full bail out. However, at some point in the near future these assets may gain value OR they could just be used for hefty write offs, either way the investor could stand to get something good out of it. The assets are the bad mortgages and the banks, the Fed and the investors form a partnerships to take over the asset. The Fed loans the money to make up any differences, at below market rates. The investor then gets incentives, etc. but they are still working out the terms of this. Banks worry about the write offs, the investor worries about the risk and the Fed, well the fed is basically throwing money and anything that slimes up the trail. The situation is bad, bleak, horrible. Obama needs some slack and so does Geithner, the problems will span their entire tenure, if not longer.

And then we have drug wars at the border. The drug lords are fighting and killing innocent people. They want their traffic to get through and they are pissed about the competition. The media is blaming US demand for drugs and for the US supplying the guns to the Mexican cartels. Yea. Demand is definitely there and the US dealers are definitely to share blame with the corrupt Mexican government and the cartels.

The midwest and south are flooding. Meanwhile it is 70 degrees in California
Weird

Recipe
Radicchio Salad (as adapted from Diavolo in Geyserville, CA)

1 head radicchio washed and chopped into bite sized pieces
2 T. yellow onion chopped fine
2 cloves garlic smashed
3 T. shaved granda parma
4 T. balasamic vinegar
3T. olive oil

Put the radicchio and onion in a bowl
Combine and mix well the oil, vinegar, garlic. Add salt and pepper to taste
Pour over the vegetables
Top with the cheese and toss
Allow to sit at room temperature for 15 min. before serving

This goes really well with pizza.