The Other Side of the Bike Shed

I've long used the C. Northcote Parkinson bicycle shed discussion example to try to focus on the big issues, and suspect I may have been the one to introduce it to comp.lang.python (though someone with superior google-fu would have to confirm or deny that assertion).

It's always a temptation to expend most energy on the issues we feel comfortable with, and rush the discussions on the areas outside our area of competence even though they are the ones we should rationally spend time discussing, grappling with issues and trying to understand.

The current Bush administration proposal, on which they demand action from Congress within a week, sees the other side of the bicycle shed. Urgent action is alleged to be needed, and it seems that many in government are prepared to rush a decision through because they don't really understand the issues.

The fact remains that it's an unconscionable bid to bail out the fat cats whose corporate greed, with the connivance of the SEC, sent the economy down the shitter in the first place. Personally I'd rather see the discomfort spread about rather more democratically, with those who have been making money from their investments in ill-advised mortgages now taking losses still not comparable with those of the often innocent borrowers who are losing their homes by the thousand.

Remember, the value of your investments can go down as well as up.